SIREN Surges 100% After Steep Drawdown as Charts Flag Possible Bull Trap

SIREN has rebounded sharply from recent lows, with the token rising about 100% after earlier swings that included a 1600% early-March jump followed by an 88% pullback and an additional 70% drop this month. The move is described as a relief bounce from oversold conditions rather than a fundamentals-led reversal, with $0.60–$0.65 marked as the key resistance zone. Analysts say a sustained break above $0.65 could open a retest of $0.8–$1.0, while rejection may send price back toward $0.45–$0.30.