$SIGN 🚀 🚀 BULLISH MOMENTUM 🚀 🚀
Technical Analysis
1. Structure:
SIGN recently bounced from a local low near $0.08000, showing signs of forming a rounded bottom or early-stage inverse head-and-shoulders pattern. The neckline appears around $0.08950, acting as short-term resistance.
Trade Setup:
Breakout Reversal Play
Entry: $0.08980 (above neckline resistance and 200 EMA)
Stop Loss: $0.08400 (below recent higher low and 50 EMA)
Take Profit Targets:
TP1: $0.09500
TP2: $0.10150
TP3 (extended): $0.11000
Risk/Reward: 1:2.5 to 1:4 depending on target
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Alternative Pullback Strategy:
If breakout delays, watch for a dip entry at:
Buy Zone: $0.08350–$0.08500 (near 50 EMA support)
Stop Loss: $0.07980 (recent swing low)
Target: Retest of $0.09000 and potential breakout continuation
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Trade Notes:
Volume Check: $5.21M shows decent liquidity. Look for volume surge >$6.5M on breakout to confirm move.