🚦 Market Sentiment: Bearish (Momentum Shift) 🔴

Headline: $SIREN Trend Reversal? 📉 Support Levels Broken!

Caution for $SIREN holders. After a massive pump, the price has just broken below the MA 99 and MA 25 on the 5m chart. This suggests the bullish momentum is fading.

🎯 My Trade Setup:

Position: SHORT 🔴

Entry Zone: $1.565 - $1.590 (Sell on Retest)

Take Profit 1: $1.520 (Recent Swing Low)

Take Profit 2: $1.450 (Major Support)

Stop Loss: $1.640 (Above the recent rejection)

🔍 Analysis:

Price is now trading below all major Moving Averages.

RSI and Volume indicate increasing selling pressure.

Watch for a bounce to $1.59; if it fails to reclaim, expect more downside for $SIREN .

🛡️ Risk Management: Volatility is high. Use limit orders and protect your capital!

Are you looking for a bounce or riding the trend down? 👇

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