{"id":30159,"date":"2026-06-13T15:03:31","date_gmt":"2026-06-13T14:03:31","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/06\/13\/siren-price-crash-67-percent-technical-analysis\/"},"modified":"2026-06-13T15:03:33","modified_gmt":"2026-06-13T14:03:33","slug":"siren-price-crash-67-percent-technical-analysis","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/siren-price-crash-67-percent-technical-analysis\/","title":{"rendered":"SIREN Crashes 67%: Can Bulls Stop the Bleeding?"},"content":{"rendered":"\n

SIREN<\/strong> is absorbing one of the most violent corrections<\/strong> in the altcoin market, with a 67% collapse<\/strong> following the breakdown of a critical support level<\/strong>. Bulls are backed into a corner, forced to defend extreme price zones to avoid a total capitulation<\/strong>. The question is now straightforward: is there still a sustainable floor?<\/p>\n\n\n\n

A Support Breakdown That Opens the Floodgates<\/h2>\n\n\n\n

The SIREN<\/strong> correction leaves no ambiguity about the market structure: the token has lost a major support level<\/strong> that had been acting as a floor for several weeks. This breakdown triggered a cascade of liquidations, amplifying the decline well beyond the levels anticipated by traders in long positions.<\/p>\n\n\n\n

On the daily chart, the price structure is now clearly bearish<\/strong>. Successive lower highs and lower lows are firmly embedded within a pronounced downtrend<\/strong>, with no visible reversal signal in the near term. The volume accompanying the sell-off confirms dominant selling pressure<\/strong> \u2014 no meaningful recovery rally<\/strong> has managed to establish itself since the slide began.<\/p>\n\n\n\n

The next identifiable support level<\/strong> sits at recent all-time lows. If that floor gives way in turn, SIREN<\/strong> would enter bearish price discovery territory<\/a><\/strong>, with no structured demand zone to absorb selling. Bulls absolutely must defend this threshold if they hope to stabilize the situation.<\/p>\n\n\n\n

RSI and MACD Confirm Selling Pressure<\/h2>\n\n\n\n

Technical indicators reinforce the bearish<\/strong> picture. The daily RSI<\/a><\/strong> is deep in oversold territory<\/strong>, a signal that, in the context of a strong downtrend<\/strong>, does not guarantee an immediate bounce. Oversold conditions can persist across multiple sessions before a bullish retracement<\/strong> materializes \u2014 and that is precisely what current holders are dreading.<\/p>\n\n\n\n

The MACD<\/strong>, meanwhile, is displaying a clear bearish crossover<\/strong>, with both lines sitting well below the neutral zone. The histogram continues to expand on the negative side, signaling that bearish momentum<\/strong> remains intact. No bullish divergence<\/strong> is detectable at this stage, which rules out an upside breakout<\/strong> scenario in the immediate term.<\/p>\n\n\n\n

For a credible recovery signal to emerge, traders would need to see a bullish MACD crossover<\/strong> combined with the RSI<\/strong> climbing back above 35. Those conditions are not yet in place, keeping the pressure firmly on bulls in the short term.<\/p>\n\n\n\n

Bullish vs. Bearish Scenario: Where Is SIREN Headed?<\/h2>\n\n\n\n

The bearish scenario<\/strong> remains dominant as long as SIREN<\/strong> fails to reclaim its former support<\/strong>, which has now flipped into resistance<\/strong>. Any retracement<\/strong> attempt toward that zone could be swiftly rejected, confirming the classic support\/resistance flip<\/strong> and paving the way for new lows. In that case, an extension of the correction toward lower levels remains the path of least resistance.<\/p>\n\n\n\n

The bullish scenario<\/strong>, while a minority view, does exist. It requires a high-volume reclaim above the key resistance level<\/strong>, accompanied by a reversal in the indicators. If bulls manage to trigger a convincing breakout<\/a><\/strong>, a recovery rally<\/strong> back toward pre-crash price zones becomes plausible. That scenario, however, demands a confluence of signals that the market is not yet providing.<\/p>\n\n\n\n

In the short term, SIREN<\/strong> remains under maximum pressure<\/strong>. The distance from its ATH<\/strong> has widened considerably, and any hope of a recovery bull run<\/strong> hinges on a radical shift in sentiment across the broader altcoin segment. Traders should closely monitor volume<\/strong> and daily closing levels<\/strong> to anticipate the next directional move.<\/p>\n\n\n\n

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