【$SIREN Signal】Pullback to add longs + 1H level pullback confirmation, betting on a second surge

$SIREN After experiencing a significant rally, the 1H level is undergoing a healthy pullback and consolidation, with the price falling back near the key short-term moving average. The 4H trend remains strong, with a large bullish candle establishing an upward structure. The current 1-hour chart shows that the price has found initial support near the previous breakout level, and open interest remains stable, indicating that funds have not been withdrawn on a large scale. This looks more like a main force shakeout rather than a trend reversal.

🎯Direction: Long (Long)

⚡Entry/Order: 0.3567 - 0.3800

🛑Stop Loss: 0.3400

🚀Target 1: 0.4500

🚀Target 2: 0.4800

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price strongly breaks above the previous high of 0.4688, consider extending the second target to the 0.5200 area.

(Depth Logic: This coin has gained over 50% in 24 hours, showing strong momentum. The 4-hour buy volume is active, and open interest remains stable during price pullbacks, which is typical of strong consolidation. The RSI on the 1-hour chart has fallen from overbought territory to healthy levels, preparing for another push higher. The order book shows selling pressure concentrated above 0.4030. Once this level is broken, resistance above is sparse, and a short squeeze could occur again. )

Check real-time quotes 👇 $SIREN

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