SIREN’s Binance perpetual contract rose 22.82% on May 8, touching a session high of $1.2965 on volume of 139.23M tokens.The 4H spot chart on MEXC printed a long upper wick at $1.2207 and reversed 3.11%, signaling sellers stepped in at resistance.The daily MA ribbon has fully flipped bullish with all four SMAs stacked below price, but the MACD on the 4H is issuing the first caution flag of the latest rally.