$SIGN /USDT short tread signal 🚦 🛑
SHORT TRADE SIGNAL – LOWER HIGH CONFIRMED, BEARISH MOVE LIKELY!
$SIGN is currently trading at $0.07081 after a weak bounce off $0.06550. The 4H chart shows a clear downtrend with lower highs and lower lows. Recent price action failed to reclaim $0.07216 resistance, forming a bearish structure again. Unless buyers step in fast, another leg down is highly probable.
Trade Setup (SHORT):
Entry Price: $0.07080 – $0.07200
Target 1: $0.06800
Target 2: $0.06560
Stop Loss: $0.07330
Why Short?
The market structure remains bearish with each upward move being rejected quicker and weaker. With no strong volume on the recent bounce and resistance holding firm, a drop toward the previous support at $0.06550 is likely. Breakdown below $0.06950 would confirm continuation.
Risk Management Tip:
Stick to a disciplined SL above $0.07330. If TP1 hits, move SL to entry and manage your downside.
Ride the breakdown before it becomes obvious — trade with the trend!
Sell and Trade here on $SIGN
buy and trade here on $SIGN