【$SIREN Signal】Flat Position + Cooling After Extreme Volatility

$SIREN After experiencing an over 200% extreme surge within 24 hours, the price is now undergoing intense oscillations and cooling at high levels. The 4H chart shows a massive long upper shadow, which is a typical signal of profit-taking by bulls and resistance from bears. Although Taker buy orders dominate, open interest (OI) has stabilized after the surge, indicating limited new capital inflow. The current price is more driven by existing positions. The buy/sell ratio is close to neutral (0.51-0.52), lacking sustained buying pressure. The funding rate is as high as 0.0434%, making long positions costly and prone to rate squeeze corrections.

🎯Direction: Flat Position (NoPosition)

The current market is a typical event-driven “pulse market,” lacking healthy turnover and structural support. The massive volume indicates liquidity exhaustion points have been tested, and subsequent price action will require time to digest the floating supply. Until the price forms a new tight range or shows clear secondary accumulation behavior, the risk of participation outweighs the reward. Patience is advised until the market provides a clearer structure.

Trade here 👇 $SIREN

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