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【$SIREN Signal】Short squeeze pullback, second wave breakout
$SIREN surged 34% in a single day followed by a volume contraction pullback (phenomenon). The buy-side depth far exceeds the sell-side (41.25% depth imbalance), and under negative funding rates, the price refuses to decline sharply, with short positions facing passive holding pressure due to a potential short squeeze (fund verification). This is a typical pattern of major players lifting prices to clear out weak hands after a rally, thereby accumulating strength for a second breakout (conclusion).
🎯 Direction: Long
⚡ Entry: 0.682 - 0.700
🛑 Stop Loss: 0.659
🚀 Targets: 0.862 / 0.943
🛡️ Strategy: Take partial profits at the first target by halving the position, then move the remaining to breakeven to protect gains, aiming to benefit from the short squeeze.
View live chart 👇 $SIREN
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