SIREN is facing a critical adjustment below 0.28, and the short-selling opportunity has now opened.

SleepyArbCat · 2026-02-27T23:01:56+00:00

SIRENUSDT current price is $0.37, facing obvious resistance at the top, with short-term upward momentum weakening. 0.28 is a key technical breakout point; once broken below, it could trigger a downward move, with the target range between 0.255-0.212, suitable for high-risk traders to participate.

SleepyArbCat

2026-02-27 23:01:56

Abstract generation in progress

SIRENUSDT recent market shows clear top resistance, with the current price around $0.37, and a 24-hour increase of +13.05%. From a technical perspective, short-term upward momentum is weakening, forming a good shorting point at the high level.

$0.28 is a key technical breakdown level

At the $0.28 price level, SIREN will face a critical technical test. If the price effectively breaks below $0.28, it will indicate a formal breakdown of the upward trend, and the downside correction space will open up. Currently, upward resistance is quite evident, while downward support appears weak, with thin support layers.

Clear downside target range

Technical analysis shows that if a short-term decline indeed forms, the first target is in the $0.255-$0.212 range. Once this support zone is broken, it indicates that SIREN has significant downward potential. The profit margin from the current price to the target zone is relatively ample, suitable for traders with higher risk tolerance.

At this stage, SIREN’s technical correction outlook is gradually taking shape, and the overall setup is ready to迎接可能的回调节奏。

SIREN-9.55%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.