$SIGN/USDT - Collapse after rise! Warning for bullish traders! 🚨
📊 Market structure:
The $SIGN pair has seen a massive vertical rise, but it is now collapsing, losing its bullish momentum and testing a key support level near $0.09100.
📉 Trading setup:
Sell entry zone: $0.09200 - $0.09400
🎯 Take profit point 1: $0.08700
🎯 Take profit point 2: $0.08150
🎯 Take profit point 3: $0.07500
🛑 Stop loss: above $0.09650
⚠️ Importance of this setup:
Large spikes in trading volumes are often accompanied by retracements. The price structure is shifting towards bearish on lower time frames.
💡 Professional tip:
Wait for a clear rejection candle before shorting. Lock in your profits if you took advantage of the previous rise.
Activated bearish sentiment - stay in the bearish zone!
$SIGN
SIGNUSDT
Perpetual
