Price is moving higher on $SIREN /USDT, but the more important question is whether buyers can protect the gains they've already earned.
$SIREN /USDT – LONG
Trade Plan
Entry: $1.20 – $1.25
SL: $1.11
TP1: $1.37
TP2: $1.50
TP3: $1.68
Why This Setup?
4H Structure: SIREN continues to print higher lows and higher highs, confirming that buyers remain in control of the short-term trend.
Price Positioning: Trading above both the 24H low and the MA(25) support zone shows strong market acceptance at higher prices. Bulls are defending pullbacks rather than allowing deeper retracements.
Daily Context: The broader recovery remains intact. As long as price holds above $1.1162, the bullish structure favors continuation toward higher liquidity zones.
Volume Behavior: Recent price expansion suggests active buy-side participation. Strong trends typically maintain momentum when buyers continue absorbing supply near resistance.
Momentum Analysis: Price remains comfortably above key support levels while approaching the $1.3700 resistance zone. A successful breakout could trigger fresh momentum buying and accelerate the move toward higher targets.
As long as $1.1162 remains protected, the path of least resistance remains to the upside.
Debate:
Are buyers preparing for a breakout above $1.37 that could fuel the next expansion phase...
Or will sellers defend resistance and force a deeper pullback before continuation?
Click Trade Here 👇
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