🚨 $SIREN Strong Downtrend (Consolidating near lows)

Recent price action (last 10-15 bars) shows consolidation between ~1.58 and ~1.73 with declining volume, suggesting a potential bear flag formation or exhaustion after the steep fall. The recent bounce from the 24h low (1.33) was on high volume, indicating some buying interest at that level.

The primary trend is decisively down. The current price action looks like a consolidation or weak bounce within a downtrend, not a reversal.

Entry short $SIREN : rejection from the 1.72-1.76 resistance zone

• A break and close below recent consolidation low around 1.58 could also serve as a short signal.

Stop-Loss : For a Short entry near resistance 1.72, stop-loss above the next key resistance, around 1.79-1.80

Target Price $SIREN : 1.44-1.40 support zone

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