SIREN – the main playwright of this week 🎭
SIREN is currently on everyone's lips. Just look at these swings:
🚀 Yesterday it fell from $4.60 to $0.77 (–83%)
📈 Today it bounced back to $2.80 (+264% from the low)
💰 It is currently trading around $2.20
What is the reason for such wild volatility? Bubblemaps revealed that one cluster controls ~50% of the total SIREN supply — this involves over 200 wallets linked to a single funding source. At its peak, these tokens were worth $1.5 billion.
ZachXBT added fuel to the fire — he found connections between these wallets and tokens previously affiliated with DWF Labs.
📊 Technical picture:
· Key resistance: $2.37 (0.5 Fibonacci) and $2.92
· Support: $1.80 — if broken, a pullback to $1.00 is possible
· Volumes are falling while the price is rising — a classic caution signal
⚠️ Risks: 50% concentration with one player + negative funding + fundamentals in question.
If you enter — only at your own risk, with clear stops and an amount you are willing to lose.
$SIREN
#криптовалюта #аналитика