$SIGN /USDT just printed a strong bearish hourly candle, breaking below short-term support at the 0.071 zone. Price is currently hovering around 0.0705, with the bears showing increasing control over the last few sessions. We saw a decent rejection from the 0.073 level, which acted as resistance on multiple attempts.
The consolidation range between 0.0715 and 0.0730 appears to be breaking down, and if price closes below 0.0700 on a higher timeframe (4H or Daily), expect further downside momentum. Immediate support lies at 0.0680, and failure to hold that could open the path toward 0.0650.$SIGN
Volume seems to be gradually rising with each red candle, suggesting that the selling pressure may not be over yet. Bulls need to reclaim 0.0725 with conviction to shift momentum.
For now, I’m staying flat—waiting for either a clean reclaim of lost support or a deeper retrace into key demand zones.
Risk smart. Trade patient.