I understand that you are very bearish on $SIREN, but to be blunt:
š āshort at any priceā is the quickest way to get squeezed.
š $SIREN ā Bearish bias, but need to enter with discipline
It's true that:
The current structure is weak There are signs of distribution / sell-off Short-term trend leans down
š However, the market does not move in a straight line.
š“ A reasonable way to short (instead of āshort at any priceā)
1. Short the retracement zone (safest):
Entry: the nearest resistance retest Only enter when there is a clear rejection (wick, weak volume)
2. Short breakdown:
When the price breaks support + retest fails Avoid shorting right after a dump (easy to get bounced back)
š Realistic scenario:
Price drops sharply ā there will be a dead cat bounce That bounce is where: š smart money continues to sell / create liquidity to short
ā ļø Important warning:
Low cap altcoins are very prone to: Short squeeze 20ā50% in a few minutes If āshort at any priceā: You are becoming liquidity for others
š¬ A more accurate perspective:
ā āNever retraceā
ā āRetrace to sell moreā
š„ Conclusion:
Bias: Correct to short Method: must have entry points + risk management Not longing is reasonable, but: š Shorting must have a strategy, not emotions
If you want, I can: š (instead of random shorting).
$SIREN


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