🚀 Analysis and forecast for $SIGN : time to exit? 📈
As of May 21, 2025, 08:35 EEST, the rate$SIGN on Binance is $0.08597, with a 10% increase over the last 24 hours. The trading volume for the day has risen to $15.28M, and the market capitalization has reached $142.36M (according to market data). This rise may be related to recent updates in the Signum network and interest in energy-efficient blockchains, which is being discussed on X.
Technically, $SIGN looks bullish. An ascending channel has formed on the 4-hour chart, with the price above the 50-day moving average ($0.078). The RSI (14) at 68 is approaching overbought territory. Key levels: support - $0.08, resistance - $0.09. A breakout above $0.09 could lift the price to $0.10, but a drop below $0.08 would increase pressure to $0.075.
Forecast: in the short term (until the end of May) SIGN could reach $0.095–$0.10 if the current momentum is maintained. By July 2025, a correction to $0.08 is possible due to overbought conditions. The long-term target for 2026 is $0.20 if the project strengthens its position in DeFi and energy-efficient solutions.
Time to exit? After a 10% increase and the current price of $0.08597, taking partial profits seems reasonable, especially considering the RSI. Set a stop-loss at $0.077 for protection. For long-term investors, holding with a target of $0.095 is justified, but keep an eye on volumes and news. Activity on Binance and positive sentiment on X currently support the bullish scenario, however, the market is volatile, and overbought conditions may lead to a correction. Proceed with caution! #SIGN #Binance #CryptoAnalysis
