$SIREN just took a heavy hit this morning and now price is moving sideways — this kind of consolidation usually comes before the next big move.
Two scenarios are possible here, but I’m leaning toward Scenario 2 (bearish continuation).
📉 Trade Idea: Short $SIREN
Entry Zone: $1.10 – $1.05
Targets:
• $0.90
• $0.70
• $0.50
• $0.10
Stop Loss: $1.25
This looks like a classic distribution phase after a dump. If momentum stays weak, further downside is very likely. Don’t chase — wait for clean entries and manage risk properly.