[$SIREN Signal] Flat position + Cooling down after extreme volatility

After a 186% surge in a single day, the price formed a high-level, extremely low-volume narrow fluctuation, which is a typical sign of balanced bulls and bears and waning momentum.

🎯 Direction: Flat position

Data reveals the truth: The last 4H candlestick's trading volume plummeted by 99%, and the buy/sell order ratio (0.48) indicates a slight advantage for sellers, with Takers actively selling. Open interest (OI) remains stable, combined with an unusually high positive funding rate of 0.0972%, suggesting that a large number of leveraged longs are still in the market, but the price can no longer be pushed higher. This is a dangerous "long squeeze" signal. Price action shows a massive long upper shadow (0.388) followed by a period of extremely low-volume sideways movement, clearly indicating either distribution by the main players or an inability to push higher. The current price level does not offer a high-probability trading opportunity; the risk far outweighs the potential reward.

Trade here 👇 $SIREN
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