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【$SIREN Signal】Short squeeze continues, pullback is a buying opportunity
After a 19% surge on the daily chart, $SIREN experienced a pullback on the 1-hour timeframe to test the EMA20 (0.6713) with support, and buying pressure began to reassemble. Despite the environment of negative funding rates, the price remains firm, indicating that the passive forced liquidation pressure from short positions persists. Sell orders are stacking in the order book, but the price refuses to fall—this is a typical short squeeze pattern with clear bullish dominance.
🎯 Direction: Long
⚡ Entry: 0.7525 - 0.7600
🛑 Stop Loss: 0.7275
🚀 Targets: 0.8192 / 0.8695
🛡 Strategy: Reduce half of the position at the first target, move the remaining position to breakeven, and aim to profit from the accelerating short squeeze.
View live charts 👇 $SIREN
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