$SIREN pushed into a vertical spike and is now running straight into heavy overhead supply.

SHORT: SIREN

Entry: 0.159 – 0.161

Stop-Loss: 0.1708

Targets:

TP1: 0.1285

TP2: 0.1180

TP3: 0.1050

Price aggressively tapped the upper resistance band and instantly started to stall. Instead of expansion, we’re seeing compression under resistance with multiple upper wicks clear rejection signals.

The initial volume spike faded fast, leaving price stuck below resistance without strong continuation. Momentum is starting to thin out at the highs, which often signals exhaustion after a vertical move.

Setup stays valid as long as price fails to accept above 0.1708.

A clean hold above that level invalidates the short and opens the door for higher continuation.

Trade $SIREN here 👇

SIREN

Alpha

0.27006

+2.27%