SIREN jumps 17% as short sellers exit, signaling a bullish trend with potential 16%-40% gains.

SIREN's price surged 17% as short sellers actively closed positions, reducing open interest by 15%. This shift indicates a bullish market sentiment supported by positive momentum indicators like the Money Flow Index and MACD. The price remains within a defined trading range, with potential upside targets between 16% and 40% if resistance levels are broken. Investors should watch for possible pullbacks near resistance, but overall momentum favors further gains.