SIRENUSDT is still fluctuating during the day, the short-term view is to look for support on pullbacks and selling pressure from previous highs.

The bullish plan is set at 1.5893-1.6006, initially looking at 1.6619/1.7022; if it drops below 1.557, we withdraw. The bearish plan looks at around 1.6457, with a pullback initially targeting 1.5731/1.5409, and a stop loss at 1.6869.

This type of trend is the easiest to make consecutive mistakes because it does not go straight up or down but rather fluctuates while pulling. Looking for long positions close to 1.5893-1.6006 will be much more comfortable than chasing the mid-price aggressively; conversely, if really waiting for a bearish opportunity, it’s best to wait until around 1.6457 to confirm weakness after a failed breakout before acting, or else you risk being squeezed further.

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