$SIGN /USDT short tread signal 🚦🛑
SHORT SETUP – LOWER HIGH CONFIRMATION INDICATES POSSIBLE REVERSAL!
$SIGN is showing signs of weakness after failing to push beyond the recent high near $0.07358. A bearish engulfing candle has started forming on the 1H chart, suggesting a potential short opportunity as buyers lose strength.
Trade Setup (SHORT):
Entry: $0.07160 – $0.07270
Target 1: $0.06880
Target 2: $0.06650
Stop Loss: $0.07380
Why Short?
Price action rejected from resistance near $0.07400 for the third time, confirming a potential double-top and lower high formation. Volume is declining on the green candles, and red candles are expanding — indicating sell-side dominance is picking up.
Risk Management Tip:
Keep a tight SL above the previous high to avoid fakeouts. Watch for confirmation with volume before fully entering the trade.
Don’t let this breakout fakeout drain your capital — sell into strength, and secure gains before the drop!
Ride the reversal — when momentum shifts, only smart entries win.
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buy and tread here on $SIGN