$SIREN is getting a bit overheated up here, so I’m starting to look for a short opportunity. The price pushed up fast into resistance, but we haven’t really seen a proper pullback or reset yet, which often leads to a temporary drop before the next real move.
Trade Setup:
Entry: 2.05 – 2.12
SL: 2.20
TP: 2.00 / 1.85 / 1.65
This kind of sharp move into resistance without a cooldown usually doesn’t last long, so I’m expecting at least a short-term pullback from this area.