SIREN: Controller Offloads 201M Tokens for 27.7M USDT

SIREN controller addresses sold 201 million tokens for 27.7 million USDT across 14 hours yesterday, routing 24.8 million USDT into Bitget and Bybit while cutting their share of supply from 94% to 66%.

Earlier in the session the same entity offloaded another 17 million SIREN in two hours, triggering the 50% slide from $0.47 to $0.23 that has now extended to the current $0.13 print.

With price sitting at $0.13 inside the Bollinger Bands and testing the lower band near $-0.01, the RSI(14) at 17.93 flashes deep oversold conditions while the MACD death cross at -0.19 keeps the structure firmly bearish; the 50-EMA at $0.6 and 200-EMA at $0.69 therefore act as major overhead resistance that any relief rally must first reclaim before the next leg higher materializes.