💡 Quick technical analysis (1-hour frame):
✅ Strong increase of +14.82%! The price rebounded from 0.08238 to reach 0.09527, indicating active buying liquidity in recent hours.
✅ RSI at 67.09 – approaching the overbought area, meaning the upward momentum is strong, but caution should be exercised for any short corrections.
✅ MACD in a clear positive crossover! Supporting the continuation of the rise in the short term with increasing momentum.
✅ Increasing trading volumes – confirming the validity of the upward movement and the likelihood of its continuation if not met with strong resistance.
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🎯 Short-term trading plan (Scalping / Swing):
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📊 Watch points:
Breaking the resistance at 0.09972 will confirm an upward wave towards 0.107.
A price drop below 0.09050 invalidates the bullish scenario and opens the door for a retest of 0.08745 - 0.08238.
RSI is near 70, so if there is a slowdown in momentum, we may see a slight correction before continuing.
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✅ Important tips:
Watch the volume: If liquidity continues to rise with the break at 0.09972, this is a strong entry signal.
Use a trailing stop loss (Trailing SL) with each resistance that is broken to secure profits.
Do not enter the trade if the RSI starts to sharply reverse before achieving a true breakout.
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📢 Do you expect SIGN to break the 0.10 barrier and continue rising? Or is it time to take profits? Share your view!