SIREN: Controller Dumps 360M Tokens as Price Hits $0.06

SIREN controllers offloaded another 360 million tokens for roughly 48.7 million USDT over 36 hours, sending the price to $0.06 and locking in a 95% decline from the $1.3 peak recorded seven days earlier.

Chain data shows the same wallets now retain 319 million SIREN (44% of supply) after earlier transfers of 24.8 million USDT landed on Bitget and Bybit, setting up potential for further coordinated moves.

Price action on the 4h chart sits deep in bearish structure with EMA50 at $0.54 and EMA200 at $0.67 acting as firm overhead resistance while RSI at 17.42 signals extreme oversold conditions and MACD prints a clear death cross at -0.18; the token trades inside the Bollinger Bands, so any bounce toward the upper band near $0.74 would likely meet selling before a retest of the 50-EMA support zone.