$SIREN Signal】Long - 1H pullback confirmation, main force clearly intends to support the market



$SIREN The 1H timeframe experienced a 17% surge yesterday and is currently in a healthy retracement phase. The price is supported around 0.153, with the 1H EMA20 (0.1457) forming a strong support zone. The 4H EMA20 (0.1342) has turned into an uptrend. The current order book shows deep buy-side volume, stable open interest, and no signs of main force leaving the market. This is a typical strong consolidation, preparing for the next upward move.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1528 - 0.1535 (Reason: Current support zone, lower edge of 1H candlestick body )

🛑Stop loss: 0.1488 (Reason: Break below previous 1H candlestick low and key psychological level 0.149 )

🚀Target 1: 0.1580 (Reason: Resistance near yesterday’s high )

🚀Target 2: 0.1650 (Reason: Previous high at 0.1658, resistance level )

🛡️Trade management:

- Position suggestion: Light position (Reason: After a surge, volatility is high )

- Execution strategy: When the price reaches 0.1580, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1530. If the price strongly breaks through 0.1580 and stabilizes, hold the remaining position towards 0.1650.

Depth logic: On the 4H level, the latest candlestick shows a volume increase, confirming the continuation of the uptrend. The 1H RSI (60.05) is in a healthy zone, with no overbought pressure. The order book depth shows bid volume far exceeds ask volume, with a depth imbalance of -28.05%, indicating strong support below. Funding rate is only 0.0042%, with no risk of forced long liquidation. Combined with stable open interest, this is a typical main force control and accumulation structure; a pullback is an opportunity.

Trade here 👇 $SIREN

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