$SIGN Pumps +24% but Retraces Sharply – Volatility Alert for Traders!
The $SIGN pair saw a massive spike to $0.1331, gaining strong momentum before retracing to the current level of $0.09414. The 24h performance is still +24.15%, but short-term traders should take caution.
Chart Breakdown (1H Candles):
Huge green candle from $0.0666 to $0.1331, likely driven by news or volume spike
Strong profit-taking followed, pulling price back near $0.094
This level is at risk — further downside could push SIGN/USDT toward $0.086–$0.073
Volume Insight:
24h Vol (SIGN): 2.18B, an unusually high volume — sign of whale activity or pump event
USDT Vol: 235.4M, indicating significant capital involved
Price Levels to Watch:
Resistance: $0.1003 / $0.1169 / $0.1331 (spike high)
Support: $0.0860 / $0.0737 / $0.0666 (pre-spike low)
Order Book Sentiment:
61.29% Buyers vs. 38.71% Sellers — still some buying pressure, but trend is weakening
Short-Term Signal:
Avoid chasing; wait for consolidation around $0.085–$0.090
Watch for bullish reversal candlestick patterns on 1H or 4H chart
Consider shorting if $0.090 breaks down, targeting $0.080
Caution: This price action looks like a classic pump-and-dump pattern. Avoid FOMO and use proper stop-losses.
