【$SIREN Signal】Pullback to buy, main force clearly intends to support

$SIREN 1H level shows a volume decrease during the pullback to EMA20, with the price consolidating above 1.61. The 4H MACD histogram continues to expand, indicating bullish momentum remains strong. Buy orders are clearly stacked around 1.616, while sell orders above 1.6175 are sparse, creating an imbalance that favors an upward breakout. The negative fee rate is as high as -0.22%, putting significant pressure on short positions and hinting at a potential short squeeze.

🎯Direction: Long

⚡Entry/Orders: Layered entries between 1.471 and 1.509

🛑Stop Loss: 1.424

🚀Target 1: 1.849

🚀Target 2: 2.019

🛡️Trading Management:
- Execution Strategy: After reaching the first target, reduce half of the position, and move the remaining stop loss up to the entry price. If the price fails to hold above 1.60 and drops below the entry zone again, consider the structure invalid and exit all positions.

Open interest remains stable amid high-level price fluctuations, indicating funds have not exited en masse. The 1-hour RSI has healthy retraced from overbought territory to around 57, preparing for another upward move. Combined with the middle band support of Bollinger Bands and the abnormal negative fee rate, this position offers a risk-reward ratio of over 4:1, making it worthwhile to use a smaller position size to attempt a secondary rally after the main force supports the price. Liquidity is thin during early weekend hours, but this is often a turning point.

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