SIREN price crashes 51% on May 14, closing at $0.56 amid bearish signals and heavy selling.

On May 14, SIREN's price plummeted 51.36%, closing at $0.5574 after opening above $1.14, driven by strong selling pressure and a sharp drop below key moving averages. Technical indicators like the MACD suggest a bearish momentum shift, with a potential breakdown below $0.50 that could lead to further declines toward $0.13-$0.15. The heavy concentration of supply in one wallet cluster adds downside risk, while the protocol's core products remain undeveloped, keeping price action speculative. Investors should watch the $0.50 support closely as a break could signal a deeper selloff.