SIREN Looks Bearish (1D)It appears to be forming a triangle, and we are currently in the final wave, Wave E, of this triangle.
We have identified two entry zones for taking a sell/short position, entering in two stages at each level.
The targets of this triangle are marked on the chart, and we will take partial profits at each stage.
A touch of the invalidation level will nullify this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SIRENUSD
Post-Listing Triangle — Sharp Downside Breakout ExpectedPrice is currently compressing inside a triangle pattern, formed by converging support and resistance lines. Volatility continues to decrease, which usually precedes a strong directional move.
Given the post-listing market structure, this type of triangle formation is statistically bearish in most cases . Buyers are losing momentum while sellers continue to pressure price toward the lower boundary of the structure.
I expect a sharp impulsive move to the downside in the coming days, once price breaks and confirms below the triangle support. Such breakdowns often accelerate quickly due to stop-loss cascades and weak hands exiting.
Downside targets:
🎯 $0.05 — first downside target
🎯 $0.035 — secondary target
🎯 $0.02 — extended bearish target
Bearish confirmation:
Clean break and close below triangle support
Increased volume on the breakdown
Failure to reclaim the triangle after the breakdown
Invalidation:
Breakout and hold above the upper triangle resistance would invalidate the bearish scenario.
This setup favors short-biased and momentum traders , especially in post-listing environments where triangle consolidations often resolve to the downside.
SIREN Analysis (2H)After deep drops, the price is moving sideways, which could indicate an accumulation phase. There is a liquidity pool above the chart and a bullish CH (Change of Character) is visible. We can look for buy/long positions around the support zone.
Targets are marked on the chart. A 4-hour candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
SIREN buy/long setup (4H)It appears to be inside wave D, which is a symmetrical wave.
At the bottom of the chart, there is a liquidity pool and a strong support zone.
We’re looking for buy/long positions in the green zone.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You



