🚨 $SIGN /USDT – Sideways After Steep Drop, No Breakout Yet āš ļø

SIGN has been stuck in a bearish structure, bouncing weakly after hitting a low of $0.06245. With price hovering at $0.06503 and all major moving averages above it, bulls need more conviction to shift the current trend.

šŸ” Technical Analysis

• MA Status: Trading below MA(7) = $0.06538, MA(25) = $0.06796, and MA(99) = $0.07346 — confirms bearish momentum.

• Support Zone: $0.0624 – $0.0640 is critical to hold; a breakdown below could trigger retests of $0.0617.

• Resistance Zone: $0.0665 – $0.0685 is immediate resistance; beyond that lies $0.0720 (MA cluster).

• Price Structure: Weak bounce with declining volume. Trend still favors sellers.

šŸŽÆ Trading Plan

šŸ”“ Bearish Setup (Continuation)

• Entry: $0.0655 – $0.0665

• TP1: $0.0635

• TP2: $0.0618

• SL: $0.0688

🟢 Speculative Long Setup

• Entry: $0.0625 – $0.0640

• TP1: $0.0665

• TP2: $0.0685

• SL: $0.0613

šŸ“Œ Note: SIGN must reclaim and close above $0.0680 with volume to gain bullish momentum. Until then, cautious short setups remain favorable.

#SIGN #CardanoDebate #IsraelIranConflict #BinanceHODLerHOME #TrumpTariffs $SIGN