SIREN Price Explodes Almost 50% in 24 Hours, Targets $1.70 Next
SIREN price surged nearly 50% in 24 hours, breaking resistance and targeting $1.70, with potential for higher levels.Summary
The SIREN token experienced a significant price surge of 43% in a single day, reaching $1.17 and breaking above the $0.83 resistance level, reclaiming the 0.786 Fibonacci retracement at $1.07. The token is now trading in clear air below its descending trend line. Technical indicators suggest a continuation of this upward trend. A trader has identified $2.26 and $3.15 as potential next key levels if buyers maintain control and break through these resistance zones with volume. On a shorter timeframe, the 4-hour chart shows aggressive demand, but the RSI is in overbought territory, suggesting a potential short-term retracement. Key support levels to watch are $1.07, $0.85, and $0.76. Holding above $1.07 is crucial for the price to continue towards the $1.70 target, while a drop below $0.85 would invalidate the bullish breakout.
(Source：BeInCrypto)