SIREN Price Plummets 51%: Will It Recover or Crash Further?

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Will <a href="https://jpygbp.com/siren-usd/">SIREN</a> price recover after a 51% daily crash below key moving averages?

SIREN price crashed 51.36% on May 14, closing at $0.5574 after opening above $1.14.

Summary

  • SIREN price collapsed 51.36% on the daily chart on May 14, closing at $0.5574 after hitting an intraday high of $1.1619.
  • The daily MACD histogram is rolling over sharply, with the MACD line curling toward an imminent bearish crossover below the signal line.
  • If $0.50 fails to hold as daily support, the next meaningful demand zone does not appear until the $0.13 to $0.15 range from the March crash.

On May 14th, the price of SIREN fell sharply, dropping 51.36% throughout the day. It started at $1.1455, reached a low of $0.5041, and finished the day at $0.5574 on the MEXC exchange.

The recent price drop caused the BNB Chain token to fall below key support levels of $0.8549 and $0.8256. These levels had previously helped to stabilize the price throughout late April and early May.

Trading volume during this session surged to 6.03 million tokens, a large increase compared to the quiet, sideways trading seen recently.

When trading volume is high and prices fall to the day’s lowest point, it usually indicates strong selling pressure, not just random market fluctuations. The lack of any bounce back during the day further suggests the price is likely to continue falling.

MACD histogram rollover signals momentum shift

The daily MACD is showing a potential sell signal. Currently, the MACD line is at $0.0058, significantly below the signal line at $0.0503. Also, the difference between the lines—shown by the histogram—is decreasing rapidly from a high point in mid-May.

Looking at the charts, things are starting to look a little concerning. It seems like we’re about to see a bearish crossover on the MACD – basically, the indicator is signaling a potential downturn. I noticed a while back, around May 8th as crypto.news pointed out, that SIREN was showing signs of weakness with those long wicks and decreasing trading volume. It was a heads-up that buyers were losing steam, and now it looks like that breakdown is happening. I’m keeping a close eye on it.

On X, analyst SteveHODLs predicted that if SIREN failed to maintain its recent upward momentum, it could fall to $0.60 and then $0.30, describing the situation as a likely rapid decline. Thursday’s closing price suggests this prediction may come true.

Key levels, support, and price targets

Currently, the price is finding support around $0.50, which is also near today’s low of $0.5041. If the price closes below $0.50, it would likely signal a further decline, potentially down to the $0.13–$0.15 range – a low point reached during a significant drop in March from a high of $3.61. Falling below $0.50 would also suggest that any expected price recovery is unlikely.

Good news: the previous resistance level between $0.82 and $0.85 now serves as the first significant hurdle for the price. To start seeing a more stable price trend, the price needs to close above $0.8256.

If the price closes above $0.8549, it would suggest the dip on May 14th was just a short-term fluctuation, not the start of a larger downward trend.

On-chain context and supply risk

The SIREN token is vulnerable due to its token distribution. According to crypto.news, a single group of wallets controls approximately 88% of the total supply, and they originally acquired these tokens at a much lower price than they are currently worth.

Each time the price goes up, other investors face a greater risk of loss. The large concentration of ownership that caused the rapid price increase in March is now preventing a lasting recovery.

SIREN promotes itself as an AI-powered system on BNB Chain, but its main features – a decentralized exchange and an automated trading tool – aren’t available yet. Until these are launched, the price of SIREN is likely to be based on speculation rather than the actual value of its technology.

If the price falls below $0.50 at the end of the day, it’s likely to continue dropping, potentially reaching $0.30. If that level also fails to hold, the price could even fall as low as $0.13, which was the lowest point in March.

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2026-05-15 04:03