【$SIRENUSDT】Key Level Breakout Battle

$SIRENUSDT The four-hour chart shows the price surging to the upper Bollinger Band, with RSI soaring to 78.77. There is a disconnect in buying orders, and a collapse could occur at any moment. During normal market fluctuations, the one-hour MACD momentum histogram is beginning to shrink. The price is making new highs, but the volume cannot keep up—a typical bull trap pattern. The funding rate is negative, and open interest remains stable. Short positions are being squeezed, but the buying momentum is lacking follow-through.
Direction: Short
Entry/Order: Short directly near the current price of 2.315, or add positions during rebounds to the 2.33-2.35 zone
Stop Loss: Above 2.49
Target 1: 1.82
Target 2: 1.498
Trade Management: Close half the position at the first target, trail the remaining position to breakeven, and aim for deeper pullbacks. With a risk/reward ratio exceeding 4, this trade is worth a try.
View Real-Time Chart 👇 $SIRENUSDT
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