🔥 $SIREN
/ USDT: Breakout Reclaim! (Long Setup)
$SIREN is showing massive strength here! We are witnessing a successful Range High Reclaim, with momentum officially flipping bullish. This breakout setup suggests the bulls are back in control for the next leg up.
📊 Technical Logic
Momentum Shift: After a period of consolidation, $SIREN has pushed back above the key range resistance. This "reclaim" usually acts as a powerful catalyst for a trend continuation.
Bullish Flip: Indicators are aligning—we're seeing a trend-following expansion as volume begins to validate the breakout.
Market Structure: Holding the $0.210 level is critical; as long as we stay above it, the path of least resistance is toward new local highs.
⚔️ The Trade Setup (Long)
Entry Range: $0.232 – $0.242
Take Profit Targets:
🎯 $0.265 (Initial target/Supply zone)
🎯 $0.295 (Mid-term objective)
🎯 $0.330 (Major breakout target) 🚀
Stop Loss (SL): $0.210 (Protecting against a fake-out)
💡 Strategy Note: This is a momentum play. If the price holds the entry range on a retest, the conviction for $0.30+ increases significantly. Manage your risk and trail your stops as we hit TP1!
By: Nabiha Noor
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