[$SIREN Signal] Short Position + Massive Surge Followed by Distribution

After experiencing an extreme surge of over 140% within 24 hours, the price is now fluctuating violently at high levels with increased volume and stagnation. The 4H chart shows that the second candlestick has a large upper shadow with a volume of 693M, indicating selling pressure at the top as the price fails to hold steady. Currently, Taker Volume is dominated by selling, and the buy/sell ratio hovers between 0.49 and 0.52, showing intense battle between bulls and bears at the top, but with active sell orders prevailing. Open interest (OI) remains stable rather than surging with the price increase. Coupled with abnormally large trading volume, this suggests a chip exchange between early profit-taking and chasing buyers (distribution), rather than a healthy bullish trend continuation. The price has fallen over 40% from the high, and market logic warns of the risk of a trap after the main force pushes the price up to distribute.

🎯 Direction: Short Position

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