🚀 $SIREN Bullish Momentum: The Next Breakout?
The $SIREN chart is showing massive strength today, currently up over 21%. While the 1-minute chart shows a slight local cooling period, the higher timeframes (1H and 1D) are screaming bullish continuation.
🔍 Technical Breakdown:
SuperTrend & RSI: On the 1-hour and Daily charts, the SuperTrend is firmly green. Although the RSI(6) is reaching overbought territory (approx. 84 on Daily), the volume remains significantly high, suggesting that the "FOMO" stage is providing enough liquidity for another leg up.
MACD: We are seeing a healthy bullish crossover on the Daily timeframe with expanding green histograms, indicating the trend is far from exhausted.
Order Book: There is strong bidding support around the $0.2770 level, which is acting as a solid floor for the current consolidation.
As long as $SIREN stays above the $0.2750 support zone, the path of least resistance is upward toward the recent high of $0.2871.
⚡ TRADING SIGNAL: LONG (Aggressive)
Entry Zone: $0.2775 - $0.2785
Target 1 (TP): $0.2850 (Short-term scalp)
Target 2 (TP): $0.2920 (Breakout target)
Target 3 (TP): $0.3100 (Moon bag)
Stop Loss (SL): $0.2690 (Below recent 1H support)
Leverage: 5x - 10x (Isolated recommended)
⚠️ Risk Note: High volatility expected. Manage your risk and never trade with money you cannot afford to lose. Always wait for the candle to close for confirmation.
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