SIREN: Whale Dumps 17M Tokens Triggering 50% Crash

SIREN plunged over 50% from $0.47 to $0.23 after its controller dumped roughly 17 million tokens across multiple addresses in two hours, confirming the entity still commands at least 94% of the 680 million total supply. The same addresses have executed four identical pump-and-dump cycles since February, each time accumulating fresh coins before the next leg higher. On the 4h chart price now tests the lower Bollinger Band support at $0.23 while EMA50 sits at $0.7 and EMA200 at $0.71, both acting as firm resistance overhead; RSI(14) has collapsed to 16.73 in oversold territory and MACD has printed a death cross at -0.16, pointing to continued downside pressure until a relief bounce toward the $0.7 zone materializes. Traders tracking SIREN price prediction models should factor in this extreme concentration risk before positioning for any recovery.