$SIREN just dropped nearly 20%, but I'm not convinced another straight dump is the highest-probability outcome.
The higher timeframe is still bearish—price remains below every major EMA. However, derivatives are starting to shift. CVD is still deeply negative, yet selling pressure is fading instead of accelerating. Meanwhile, most downside liquidity around $0.030-$0.031 has already been swept, while larger liquidity sits overhead near $0.035-$0.039.
Bullish trigger: 1H closes above $0.0345 → Targets: $0.0355 / $0.0368 / $0.0385
Bearish trigger: Rejection below $0.0345 with rising OI → Targets: $0.0310 / $0.0300
I'm not calling a bottom yet. Right now, this looks more like a battle between a fading sell-off and a still-bearish higher-timeframe trend.
#siren #Openinterest #liquidity #BinanceSquareFamily #PredictionMarketVolumeHitsRecordHigh
The higher timeframe is still bearish—price remains below every major EMA. However, derivatives are starting to shift. CVD is still deeply negative, yet selling pressure is fading instead of accelerating. Meanwhile, most downside liquidity around $0.030-$0.031 has already been swept, while larger liquidity sits overhead near $0.035-$0.039.
Bullish trigger: 1H closes above $0.0345 → Targets: $0.0355 / $0.0368 / $0.0385
Bearish trigger: Rejection below $0.0345 with rising OI → Targets: $0.0310 / $0.0300
I'm not calling a bottom yet. Right now, this looks more like a battle between a fading sell-off and a still-bearish higher-timeframe trend.
#siren #Openinterest #liquidity #BinanceSquareFamily #PredictionMarketVolumeHitsRecordHigh