$SIREN another dead cat bounce… or the beginning of a real foundation?

SIREN already suffered a brutal 95% collapse, so it’s natural for traders to question whether this is just another temporary pump before a new dump.

But the current structure is interesting:

📈 Price rising

📈 Open Interest rising

📉 Funding Rate cooling

This isn’t the signature of an overheated, leverage-driven rally. It suggests that spot buyers are quietly stepping in while new positions are being built, creating a healthier base.

Could there be another dump? Absolutely. Nothing is guaranteed after such a violent collapse.

But if this recovery continues with strong spot demand and controlled funding, SIREN may be doing something more important than pumping — it may be building a foundation.

Sometimes the strongest recoveries don’t begin with euphoria. They begin with accumulation.

#siren SIREN #Riskmanagment