【$SIREN Signal】Pullback confirmation, bulls make a second push

$SIREN 1H level pullback to EMA20 support is effective, price stabilizes above 0.47. The 4H Bollinger middle band is trending upward, MACD bearish momentum continues to shrink, open interest remains stable, and selling pressure is quickly absorbed. The order book shows significant buy depth around 0.4708, revealing the intent of support from funds.

🎯Direction: Long

⚡Entry: Enter at the current price around 0.473, or place orders in the 0.414 - 0.425 range for ambush.

🛑Stop Loss: 0.3325

🚀Target 1: 0.7958

🚀Target 2: 0.9811

🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by half, and move the remaining stop loss up to the entry price. If the price falls back into the entry zone, exit unconditionally.

A negative funding rate indicates some pressure from the bears, but open interest has not decreased with the price correction, showing good chip locking. The 1-hour RSI rebounds from oversold territory to 58, indicating momentum recovery. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use a smaller stop loss to bet on trend continuation. There is dense buy order support below; breaking down would require a large sell-off.

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