$SIREN is approaching a critical supply zone after an 18% rally from recent lows.

Trading Plan Short $SIREN

Entry: 0.0634 – 0.0636

SL: 0.0650

TP1: 0.0615

TP2: 0.0590

TP3: 0.0555

The asset has moved from 0.0537 to 0.06353 — an 18% gain. The RSI at 74 suggests the asset is approaching overbought territory. The 4-hour chart is showing a loss of bullish momentum, with smaller candles forming at the resistance level. This region has acted as a ceiling in the past, and overhead liquidity remains concentrated here. If sellers defend this zone, the next downside levels to watch are 0.0615 and 0.0590, with deeper liquidity at 0.0555 — a potential 12% decline from entry. The stop is placed tight at 0.0650, above the recent high, offering a solid risk-to-reward setup.

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