$SIREN – Touching resistance, the force is weakening → prioritize the adjustment scenario

Short-term trading plan 🔴

Entry: 1.6– 1.7

SL: 1.9

TP: 1.32

TP: 1.20

TP: 1.05

Currently, Siren has just made another push up to the resistance zone, but upon closer inspection, the force is clearly weakening. The buyers have attempted to push the price up one more time; however, the upward momentum is no longer as smooth as before — the structure is starting to get tangled and lacks decisiveness.

When the price "pauses" right at the resistance level without breaking through, it is often a sign that the flow of money is hesitating. In the context of such declining momentum, it is highly likely that the sellers will return to dominate and create a clean adjustment phase.

Trade $SIREN here 👇