bullish

Memecoin

Bubblemaps

Siren

<p>On Wednesday, SIREN coin, a BSC-based memecoin, surged by more than 110% after falling from $2.5 to a low of $0.79. The fall came after an analyst on Bubblemaps revealed a possible price manipulation and dump. It was seen that SIREN supply has a wallet cluster controlling 644 million of 728 million circulating tokens (88%), and 90% of its accumulation was on a group of wallets.&nbsp;</p>
<p>But today, <a href="https://markets.coinpedia.org/siren-bsc/" rel="noopener noreferrer nofollow">SIREN</a> reacted inversely against the market prediction of further slide down. The price is currently trading at $2.21 with trading volume at -16%.&nbsp;</p>
<p>This altcoin is clearly under the FOMO stage among the crypto traders. Per the data on Coinpedia Markets, the trading volume was down 40% and at the time of writing is nearly 16%.&nbsp;</p>
<p>Usually the price surge supported by rising trading volume shows its conviction and organic growth, but in the case of SIREN crypto the volume moment indicates a bearish concern in future sessions.&nbsp;</p>
<h2 class="wp-block-heading" id="h-short-term-and-mid-term-indicators-turned-bullish">Short-term and mid-term indicators turned bullish</h2>
<p>As we see the SIREN/USDT Day Chart and 4 hour chart, this memecoins Ichimouku Indicator that shows direction of price states a neutral to bullish statement. The price trading above and below the cloud, presenting a neutral to bullish approach.</p>
<figure class="wp-block-image size-large is-resized"><img width="1024" height="515" src="https://image.coinpedia.org/wp-content/uploads/2026/03/25184241/SIRENUSDT-4H-1024x515.png" alt="SIRENUSDT 4H">
</figure>
<p>The momentum indicator has turned from negative to positive for the day at 1.5 above the zero line and is at -1.3 for the 4-hour frame with upward direction, reflecting a short-term correction or reversal.&nbsp;</p>
<figure class="wp-block-image size-large is-resized"><img width="1024" height="515" src="https://image.coinpedia.org/wp-content/uploads/2026/03/25184313/1-Day-1024x515.png" alt="SIREN 1 Day">
</figure>
<p>These pattern movements represent a stable buying pressure with holders, buyers’ sentiment still positive on the coin crossing being $3.&nbsp;</p>
<h2 class="wp-block-heading" id="h-derivatives-speaks-negative-for-siren-nbsp">Derivatives Speaks Negative for Siren.&nbsp;</h2>
<p>The Coinglass Data for Siren coins open interest continues declining at press time after falling nearly 40% in 24 hours.&nbsp;<br></p>
<figure class="wp-block-image size-large is-resized"><img width="1024" height="470" src="https://image.coinpedia.org/wp-content/uploads/2026/03/25184940/Open-Interest-1024x470.png" alt="Open Interest">
 <figcaption>
  Open Interest
 </figcaption>
</figure>
<p>This pattern, where the assets’ open interest is declining, and the price is above 100% up, shows traders aren’t opening new ones, but closing the positions.</p>
<p>Also shows that no fresh capital is coming from leveraged traders; instead, the old positions are holding all the base. This is riskier for future price moments.&nbsp;</p>
<figure class="wp-block-image size-large is-resized"><img width="1024" height="470" src="https://image.coinpedia.org/wp-content/uploads/2026/03/25185012/Funding-Rate-1024x470.png" alt="Funding Rate">
</figure>
<p>Also, the negative funding rates since 14 March for SIREN coin are a big blow to new participants. Negative funding rates meant the short position holders are paying longs, indicating a bearish sentiment.&nbsp;</p>
<h2 class="wp-block-heading" id="h-siren-needs-a-strong-close-above-resistance-nbsp">SIREN needs a strong close above resistance.&nbsp;</h2>
<p>The live chart movement for SIREN coin prints a sold reistacne at $2.37 that is a 0.5 Fibonacci retracement and a support at $1.8.&nbsp;</p>
<p>If the Volume turns green and one green close, do Derivates markert will change the market sentiment, beginning fresh capital. A further close below $1.8 will drive the rally near $1.&nbsp;</p>
<p><a href="https://markets.coinpedia.org/siren-bsc/" rel="noopener noreferrer nofollow">SIREN coin </a>will gain potential to break above the resistance at 0.5 Fibonnaci, $2.92 is the next resistance, and if social Media sentiment continues stronger, we can see $3 on the cards for Siren memecoin cryptocurrency.&nbsp;</p>

Siren Coin Back Above $2.2 After Surging 116% In 24H. Will This Memecoin Reach $3.5?

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