$SIREN Update: Consolidation Before the Next Leg Up?
($SIREN) is currently showing strong bullish structure on the 1H timeframe, maintaining its position well above the SuperTrend support level of 1.31198. The RSI(6) is currently sitting at 57.32, indicating a healthy neutral-to-bullish momentum after cooling off from its recent parabolic move to the 2.06408 local high.
🎯 Trade Setup
EP (Entry): 1.6500 – 1.7270
TP (Targets)
TP1: 1.8100
TP2: 1.9500
TP3: 2.1000+
SL (Stop Loss): 1.4800
The asset is currently consolidating within a high-volume range, with a massive 24h volume of 466.97M ($SIREN) confirming intense market interest. As long as the price remains above the immediate structural support near 1.50, the trend remains heavily biased toward a retest of the psychological $2.00 barrier.
Do you think ($SIREN) can break its local high of 2.06 this week, or are we due for a deeper retest of the SuperTrend?
Watching this level closely.
#siren #cryptosignals #TechnicalAnalysis #BinanceSquare #ALTCOINUPDATE
