$SIREN
Long Entry Zones:
Primary: $1.36–$1.50 (Fib 38–50% + EMA/cloud support on 4H/1H retest).
Aggressive: $0.85–$1.00 (demand retest on deeper pullback).
Confirmation: Price holds above EMAs/cloud, MACD bullish, ADX >30, volume on upside.
3-Step Stop Loss (SL) Strategy (max 0.5–1.5% account risk; tight due to volatility)
Initial SL: Below nearest structure (e.g., $1.25 or 6–8% below primary entry for buffer).
Breakeven: Move SL to entry once price hits TP1 or achieves 1:1 RR.
Trailing SL: Below recent 1H/4H swing low or EMA cloud edge once in profit (trail with 20 EMA or Ichimoku base for runners).
5-Step Take Profit (TP) Targets (scale out progressively)
TP1: $1.76 (today’s high) — 20–25% position.
TP2: $2.00–$2.20 (supply flip) — 20% position.
TP3: $2.50 (next resistance) — 20% position.
TP4: $3.00–$3.50 (extension) — 20% position.
TP5 (runner): $4.00+ (toward prior ATH; trail remainder with structure).
Risk Management & Scaling (from 4 TPs)
Risk/Reward: Target 1:3+ overall (e.g., risk 1% account for 3%+ via scaling). Scale out at 4 TPs (reduce 20–25% each) to lock profits while letting runner ride.
Position sizing: Strict 0.5–1% account risk max (use low leverage 5–15x max in this volatility).
Scaling in: Add 50% at primary entry, 50% on dip to aggressive demand if confirmed.
Additional: Watch funding rate flips and OI for squeeze signals. Setup invalid on daily close below $0.71. Strict stops mandatory — meme perps liquidate fast.
DYOR NFA