【$SIREN Signal】Pullback to add long positions, secondary rally in trading

$SIREN After a massive surge on the 1H timeframe, a pullback occurs, with buying orders accumulating around 0.222. The 4-hour MACD shows a bullish crossover below the zero line, and the histogram continues to expand, indicating that bullish momentum is recovering. The 1-hour price has already broken above the upper Bollinger Band, RSI has fallen from overbought territory to 63, which is a healthy correction. The order book shows sell orders stacking above 0.2234, but buy orders actively support between 0.2229 and 0.2232, alleviating some imbalance. Open interest remains stable, and funds have not significantly withdrawn, providing a foundation for price support at this critical level.

🎯Direction: Long

⚡Entry/Order: Enter in batches within the 0.222 - 0.223 range

🛑Stop Loss: 0.215

🚀Target 1: 0.245

🚀Target 2: 0.268

🛡️Trade Management:
- Execution Strategy: After the price reaches 0.245, move half of the position’s stop loss up to the entry price. Hold the remaining position for the second target. If the price drops below 0.222 and cannot recover within 15 minutes, exit all positions.

The volume of this rally is several times higher than previous waves, indicating institutional capital involvement. Although short-term profit-taking pressure exists, the 1-hour EMA20 at 0.1769 provides dynamic support, resonating with the 4-hour middle Bollinger Band at 0.2143. The current risk-reward ratio exceeds 4, making the trade favorable. The key is whether the price can hold above 0.222, which is the bulls’ line of defense. The funding rate is slightly positive, with no signs of extreme greed, leaving room for further upward movement.

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