$SIGN today has experienced a strong surge, with a maximum increase of nearly 300%, primarily driven by technical factors and news resonance.
From a technical perspective, $SIGN has a small market capitalization and low circulation, making it susceptible to concentrated capital boosts. The market has seen continuous appearances of large bullish candles, with a short-term surge in trading volume, coupled with a breakthrough of the key resistance level around 0.09289, representing a typical controlled upward trend. Currently, after peaking at 0.13310, there has been a slight retreat, but as long as it can stabilize above the previous volume area, there is still room for continuation in the market.
From a news perspective, the market is reporting that $SIGN is about to have significant collaborations or positive news on-chain, while the exposure effect of Binance's increase ranking has attracted a large amount of short-term capital inflow, sharply heating up market sentiment, which has intensified the price increase.
Overall, this round of increase is the result of low market capitalization cryptocurrencies combined with speculative capital and positive expectations catalyzing the rise. In the short term, attention should be paid to changes in trading volume and key support, and caution should be exercised against high-level fluctuations and corrections.