$SIGN SIGN/USDT Faces Pullback After Sharp Spike — Waiting for Confirmation
SIGN/USDT has surged over +24%, but current technicals on the 15-min and 4H charts suggest it's entering a short-term cooling phase after a strong breakout.
Key Observations:
15-Min Chart:
Price rejected from upper Bollinger Band and is now trading near the lower band, showing short-term weakness.
MACD in bearish territory, no sign of reversal yet.
Stoch RSI and RSI(6) in oversold zone but not yet reversing — possible early signs of consolidation.
4H Chart:
Strong vertical rally from 0.06650 to 0.13291, now correcting back near EMA-7 (0.0955).
RSI(6) is falling from near 65 to 54.07, confirming weakening bullish momentum.
Volume is declining, indicating buyer exhaustion or wait-and-see sentiment.
Trade Note:
If 0.0923 holds as support, we might see a technical bounce. But confirmation needed from volume spike + RSI/Stoch RSI reversal.
Immediate resistance sits near 0.0977; break above that could revive upward momentum.
Strategy:
Avoid chasing the pump — best to wait for confirmation of support at 0.092–0.093 zone or breakout retest above 0.097. Consider small position sizing if entering early.