$SIREN USDT$ is showing a volatile intraday structure on the 5-minute chart, with a sharp impulsive move followed by distribution and a steady pullback. Price initially surged with strong volume, indicating aggressive buyers stepping in, but the momentum faded near the highs as sellers took control. Now, the market is approaching a key demand zone where a reaction is likely. If buyers defend this level, a short-term bounce can be expected, offering a potential scalp opportunity.

The structure suggests a possible reversal or continuation depending on volume confirmation. Watch for strong candles and rejection wicks at support before entering.

Trade Setup:

Entry: 1.54 – 1.57

Take Profit: 1.62 / 1.66 / 1.70

Stop Loss: 1.50

SIRENUSDT

Perp

1.81145

+13.65%