Oh, the market’s recovering, you say? Well, slap my saddle and call me bullish-SIREN [SIREN] has finally busted through its resistance like a clown car through a paper wall! Upside rally, here we come… or do we?
Despite the bulls honking their horns, intraday traders are acting like they’ve got a front-row seat to a pie-in-the-face show, betting SIREN’s gonna faceplant like a juggler dropping his pins. But hey, the momentum’s still got more pep than a spring-loaded whoopee cushion!
At press time, SIREN’s up 2.65% in the last 24 hours, trading at $0.216 after hitting an intraday high of $0.249. That’s right, folks-it’s climbing faster than a banana peel on a slippery slope!
But wait, the trading volume’s down 55% to $18.70 million. Seems like traders are as hesitant as a first-time tightrope walker. Fear? Nah, just a healthy dose of “what’s the worst that could happen?”
SIREN: Price Action and Key Levels (or How to Juggle Numbers)
Check out the daily chart-SIREN’s looking bullish after closing above the $0.21 resistance. Sure, it’s done this before and faceplanted harder than a comedian bombing on stage, but hey, third time’s the charm, right?
If SIREN stays above $0.21, it could rally 42% to $0.30. That’s like turning a unicycle into a Ferrari! But if it dips below $0.21, well, the joke’s on the bulls.
The Average Directional Index (ADX) is at 56.90-way above 25. Translation? SIREN’s trending stronger than a Mel Brooks marathon!
Oh, and did we mention SIREN’s up 115% in the past week? Investors are laughing all the way to the bank… or the circus tent, depending on who you ask.
Meanwhile, some mystery wallet withdrew 71.84 million SIREN tokens worth $6.54 million ten days ago. Now it’s worth $15.52 million. That’s not a profit-that’s a standing ovation!
Traders: The Bears in the Bull Ring
Despite SIREN’s bullish parade, CoinGlass says intraday traders are still rooting for the bears. They’re overleveraged at $0.195 on the downside and $0.231 on the upside. That’s $476,000 in long positions and $1.37 million in shorts. Talk about a high-wire act!
If SIREN breaks above $0.231, those $1.37 million shorts could get liquidated faster than a bad magician’s assistant. Cue the dramatic music!
The Grand Finale
- SIREN’s price action says another 45% upside is possible. That’s more upside than a comedy sketch!
- Traders are betting $1.37 million on a reversal. Will they laugh last, or end up with pie on their faces?
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2026-02-17 18:31