$SIGN Critical Zone Test: Breakout or Pullback?
$SIGN is currently trading at $0.10340, showing signs of consolidation after a sharp recovery. Price is holding above the key mid-range zone, but resistance remains strong near the local highs. A decisive move is expected soon.
Key Levels to Monitor:
• Resistance Zone: $0.10500 – A confirmed breakout above this range may trigger bullish continuation toward:
• TP1: $0.10700
• TP2: $0.11000
• Support Zone: $0.10200 – A breakdown below this level could invite more selling pressure toward:
• TP1: $0.09900
• TP2: $0.09550
Trade Setup: High Volatility Expected
• Bullish Scenario: A breakout and 15m candle close above $0.10500 could confirm upside continuation.
• Bearish Scenario: A breakdown below $0.10200 may indicate a short-term reversal back into support zones.
• Stop-Loss (Both Cases): Keep a tight SL just outside breakout/rejection zones to manage risk effectively.