💰 $SIREN BREAKDOWN SHORT
🔽 SHORT
✳️ ENTRY: 1.1600 – 1.20 – 1.23
🎯 TARGETS: 1.0800, 1.0300, 0.9500, 0.8850, 0.800, 0.7200, 0.6000
🀄️ LEVERAGE: 20x
🔴 STOPLOSS: 1.2500
#SIREN is showing clear signs of distribution after its explosive rally toward the 1.37 resistance zone. The recent rejection has produced a series of lower highs and weakening momentum across multiple timeframes.
On the 15M and 4H charts, price has lost the short-term bullish structure and is now trading below MA7 and MA...
What's Next for the $SUI Chart? (3D)
The first major structure, Wave A, appears to have completed an ABC correction pattern. Meanwhile, Wave B could be developing into a Diametric structure, although alternative scenarios are still possible. Regardless of the exact formation, the green demand zone remains a key area that could trigger a strong bullish move on higher time frames.
For now, the market may continue its decline from the red supply zone, aiming to sweep liquidity and fill orders at...