Guys 🙏🏼, Guys, I’m opening a short position on $SIREN as the current chart structure is showing clear bearish continuation after the recent rejection near the 0.48 resistance zone. Price attempted to push higher but quickly lost momentum, and sellers stepped in again, forming lower highs and pushing the market toward new lows.
This type of structure usually signals that buyers are losing control while downside pressure continues to build. If the price keeps trading below the 0.48 area, the market can easily extend the move toward the lower liquidity zones where the next support levels are sitting.