【$SIREN Signal】Pullback to Long + 1H level retest confirmation, betting on a second surge

$SIREN The 1H level has stabilized in the 0.38-0.39 range after a massive sell-off, forming a short-term support platform. Looking at the 4H level, the price remains well above the EMA50 key trend line, and on the daily chart, it is in an absolutely strong upward channel. Currently, the 1-hour RSI has rebounded from the oversold zone to a healthy level, and the latest one-hour buy depth is clearly dominant, indicating funds are supporting at this position. Open interest remains stable, and the price has not broken further, which is a signal of main force defending the price. Short-term momentum is recovering, waiting for a confirmation breakout.

🎯Direction: Long (Long)

⚡Entry/Order: 0.3595 - 0.3908

🛑Stop Loss: 0.3450

🚀Target 1: 0.4250

🚀Target 2: 0.4550

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price encounters resistance near Target 1 and falls back, breaking the trailing stop, exit all positions.

(Depth Logic: The daily trend is extremely steep, a typical characteristic of a hot coin’s main upward wave. The 1-hour level stabilized quickly after a sharp decline, and buy depth is substantial, indicating rapid absorption of selling pressure. The EMA50 on the 4H chart (0.3220) is a strong swing support, and the current price is far from this level, providing ample safety margin. The funding rate is only 0.005%, with no risk of a long squeeze. Combined with stable open interest, it leans more towards a consolidation in an upward trend. )

View real-time market 👇 $SIREN

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #元宵赏月领红包