$SIREN Signal】Short Position + Main Force Pump and Dump Pattern



$SIREN Completed a typical "pump and distribute" move on the 4H timeframe. The current price has fallen back to the middle of the high-volume candlestick, indicating that the main force's intention has shifted from accumulation to distribution.

🎯 Direction: Short

Data Logic: 1) Price surged violently from 0.091 to 0.1235 and then quickly retreated. The 4H trading volume spiked to 121M, reaching a massive level, but the buy/sell order ratio was only 0.48, showing that the rise was mainly driven by short sellers stepping on the gas and the main force executing wash trades, not genuine buying. 2) Open interest remains stable (OI Trend: Stable), while prices fluctuate significantly, indicating a game among existing funds without new main force longs entering. 3) Taker Volume shows selling dominance (is_taker_buying: false), with a funding rate as high as 0.0861%, suggesting crowded long leverage and potential liquidation risks. 4) The order book's asks are densely clustered between 0.0998-0.1, creating heavy resistance, while bids are weak and scattered.

The current market is a typical main force pump followed by distribution. The massive upper shadow is a clear signal of supply entering. Price oscillation within the high-volume zone is a process to attract retail investors' buy-in, not a healthy consolidation. Avoid long traps and wait for supply to exhaust or for structural breakdowns to present better opportunities.

Trade 👇 $SIREN

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