#SIREN
📊 SIRENUSDT Long and Short Entry Strategy
Current price $1.569, in the rapid pullback area after a super surge, MACD green bars continue, it is recommended to short at highs and buy at lows for a rebound.
1️⃣ Short Strategy (Main Short Strategy)
• Entry Zone: $1.60 - 1.65
◦ Logic: The Supertrend indicator line (1.99) has changed from support to resistance, and this is the first resistance level for the pullback.
• Stop Loss Level: $1.90
◦ Logic: If the rebound breaks through the Supertrend red line and MACD forms a golden cross again, it is considered a trend reversal, and a stop loss is necessary.
• Take Profit Targets:
◦ First Target: 1.20 (Strong Short-term Support Area)
◦ Second Target: 0.80 - 0.71 (Area of the lowest price in 24h shown in the chart, with huge potential)
2️⃣ Long Strategy (Long for Rebound)
• Entry Zone: 0.70 - 0.80
◦ Logic: The low point of 0.713 in 24h shown in the chart is a strong support zone, and also the bottom of previous fluctuations.
• Stop Loss Level: 0.65 (Effective break below support, exit completely)
• Take Profit Targets: 1.20 - 1.40 (Rebound Repair Range)
$SIREN
