🔻 $SIGN /USDT – Breakdown Accelerates! Key Support Under Threat! 🚨
📊 Market Structure:
$SIGN plummeted –9.15%, collapsing from the 24h high of $0.11220 to test critical support near $0.09000 (24h low: $0.09011). The massive 984M SIGN sell volume signals exhaustion after a pump, with bearish momentum dominating lower timeframes.
📉 Trade Setup:
Short Entry Zone: $0.09150 – $0.09300 (near immediate resistance)
🎯 TP1: $0.08700 (swing low target)
🎯 TP2: $0.08150 (next psychological support)
🎯 TP3: $0.07500 (long-term downside objective)
🛑 Stop Loss: Above $0.09650 (beyond recent swing high to avoid fakeouts).
⚠️ Why This Matters:
Price is hovering at 24h lows with no bullish reversal signs.
Extreme sell volume suggests capitulation, favoring bears.
Breakdown below $0.09000 could trigger a cascade toward $0.07500.
💡 Pro Tip:
Confirm bearish continuation with a 4h close below $0.09000 or a retest of $0.09300 as resistance. Trail stops aggressively if momentum accelerates.
Bears in control – respect the structure! 🐻🔥
$SIGN