$SIGN HANGING ON A THREAD! BEARS STILL DOMINANT
$SIGN/USDT is currently trading at $0.08566, reflecting a steep -14.02% daily drop. After a heavy breakdown from recent highs, the price is attempting to stabilize near the lower support band. However, the broader structure still points bearish unless bulls reclaim key resistance levels.
Key Levels to Watch
• Immediate Resistance Zones:
• $0.08690 – Minor rebound zone
• $0.08800 – Mid-resistance and possible selling point
• $0.08920 – Trend-changing resistance zone
• Support Zone:
• $0.08530 – $0.08500 – Strong base; a breakdown here could lead to sharp downside extension
Trade Setup – Risk Builds on Both Sides
Bearish Setup (Breakdown Continuation):
• Entry: Below $0.08500
• TP1: $0.08240
• TP2: $0.07980
• Stop-Loss: Above $0.08690
Bullish Setup (Relief Rally Scenario):
• Entry: Above $0.08690
• TP1: $0.08800
• TP2: $0.08920
• Stop-Loss: Below $0.08530
$SIGN is at a pivot zone. Break below $0.085 could drag the price much lower. Watch for bounce confirmation before considering longs.