🔄 $SIGN /USDT – Sideways Accumulation or Bearish Continuation?

Trend Summary:

After a parabolic launch in late April, SIGN has steadily corrected and entered a sideways chop.

Price has failed to break above the $0.08–0.085 resistance for several weeks.

Support is holding around $0.070, but lower highs remain dominant.

Moving Averages:

Currently trading below the 25 MA ($0.074) and MA 99 ($0.079).

MA 7 is slightly curling upward, hinting at a short-term relief bounce.

Key Observations:

The structure looks like a compression wedge or consolidation zone.

Bulls need a clean breakout above $0.075–$0.078 to flip structure bullish.

Breakdown of the $0.070 level may open room toward $0.065 or lower.

🧭 Summary:

SIGN is currently in a range-bound zone, lacking clear bullish conviction.

A breakout above the 25/99 MA combo could bring momentum back.

Until then, it's mostly range trading with fakeouts.

⚠️ DYOR – Do Your Own Research

This is not financial advice. Markets can be volatile — always trade responsibly!

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