$SIGN /USDT BEARISH REVERSAL FORMING AFTER SHORT PUMP!
After reaching a local high of $0.08052, $SIGN faced sharp selling pressure, pulling back to $0.07871. The strong red candles following the top indicate a potential lower high formation and loss of bullish momentum. The price is retracing from overbought levels, with decreasing volume on the green candles—suggesting bulls are weakening.
Trade Setup (SHORT BIAS):
Entry Zone: $0.07880 – $0.07950
Target 1: $0.07740
Target 2: $0.07580
Stop Loss: $0.08070
Why Short?
The price pumped from the $0.07547 support to $0.08052, but failed to hold the gains. A strong rejection wick and a string of red candles suggest sellers are regaining control. If the price closes below $0.07850 with volume, further downside is expected.
Risk Management Tip:
Set your SL above recent highs and trail it as the trade moves in profit. If bullish reversal candles appear with strong volume, consider exiting early.
Don’t let this breakout fade without your profit — sell smart, exit strong!
Ride the red wave — let the bears do the heavy lifting while you bank the gains!
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buy and trade here on $SIGN