【$SIREN Signal】Short Position: Liquidity Reorganization After Extreme Volatility

$SIREN Just experienced an extreme waterfall sell-off from 0.277 to 0.089. The current price is consolidating below a massive volume trading zone, which is a typical market reorganization phase following a liquidity crisis.

🎯Direction: Short (NoPosition)

Market Logic: A single massive bearish candle (volume of 24 billion) appeared on the 4H chart, directly breaking through all short-term support levels. This is a clear sign of liquidity exhaustion. Despite the significant price decline, open interest (OI) remains stable, and Taker selling dominates, indicating that this is not a short covering rebound but ongoing active selling pressure. The current buy/sell ratio is near neutral (0.49-0.51), and the market lacks a clear directional drive, indicating an unruly oscillation after a sharp drop. The 0.094-0.096 zone above is the starting point of the waterfall and acts as a strong resistance area; there is no effective support below. Until the price reabsorbs liquidity from above and forms a clear structure, participating involves high risk.

Trade here 👇 $SIREN

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