SIREN was directly halved today! A new low of 1.033 has been born!!!

Suddenly, there was a large drop near 1.9, with a minimum hitting 1.033 and a maximum decline of over 45%!

The current price is fluctuating between 1.03 and 1.10, with still large trading volume and selling pressure not fully released. Technically: the Bollinger Bands are tight against the lower track, and the bandwidth is narrowing. All moving averages are pointing down, and the price is far from MA30 and MA60. The MACD death cross continues, with strong bearish momentum. The RSI is at 34-46, close to oversold but still has room to move down. There is a clear combination of volume and price, and the 1.7-1.9 chip area has been broken.

My personal judgment:

In the short term, it is highly likely to fluctuate between 1.03 and 1.15. If the volume decreases and holds above 1.03, there may be a small rebound, with a target of 1.20-1.30 first; if it breaks 1.03 with increased volume, pay attention to 0.96 or even 0.80-0.90.

In the medium term, without new news stimulus, the probability of a second bottom is high. Only if it stabilizes above 1.30 can it be considered a rebound signal; otherwise, it remains bearish.

Now is a period of major adjustments. If the entire market drops together, SIREN may drop even more sharply, so don't blindly buy the dip. (Operational suggestions will be detailed after you follow me)

$SIREN #特朗普希望尽快结束对伊朗战争 #金价连续第十天下跌