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Published on 2026-03-23 | 2 hours ago
SIREN Crypto Risks ‘Structural Correction’ After 150% Surge to All-Time High
Siren crypto (SIREN) just ripped 156% to a new all-time high of $3 driven by the exploding AI Agents narrative. But the rally is showing immediate signs of exhaustion.A massive bearish divergence on the Money Flow Index (MFI) suggests the top is in, and a $22 million liquidation event has left leverage traders exposed to a sharp reversal.The token outperformed Bitcoin by over 80% in the last 24 hours. Yet, the on-chain data presents a clear warning: volume is thinning on the way up. The breakdown is confirmed until price proves otherwise.Key Takeaways
Rally: SIREN hit an ATH of $3.00 after a 156% daily surge.
Signal: MFI spiked to 82.96, a level that has triggered three prior corrections.
Support: Bulls must hold the $2.07 level to prevent a drop to $1.50.
SIREN Price Analysis: Can SIREN Hold $2.07 Support After the ATH Breakout?The chart structure is screaming caution despite the parabolic move. The Money Flow Index (MFI) is currently pegged at 82.96. Historically, this is the kill zone for SIREN rallies. Vertical lines on the daily chart mark February 7, February 27, and March 15—every time the MFI breached the 80 threshold, price collapsed shortly after.The $3.00 high triggered a sharp rejection, validating the bearish thesis. The Chaikin Money Flow (CMF) printed a lower high of 0.14 while price made a higher high. This implies a (Price Correction) is imminent, as capital is leaving even as price pushes up.Source: SIRENUSD / TradingViewStructure is fragile here. Traders are watching the $2.07 level closely. Lose that, and the 38.2% retracement level comes into play quickly.A breakdown below $2.00 opens the path to $1.50. This aligns with risks seen elsewhere, such as recent whale shorting activity on Bitcoin, which often precedes altcoin weakness. The only path higher requires a daily close above $2.60 to invalidate the divergence. Until then, the bears are in control.Discover: The best new crypto in the worldThe post SIREN Crypto Risks ‘Structural Correction’ After 150% Surge to All-Time High appeared first on Cryptonews.
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