$SIGN Under Correction Following Pump, Short Signal Observed! 📉
On the 1h timeframe, $SIGN is currently trading at $0.10498, down from its recent high after a significant pump. The price is still up by a substantial +29.85%. The 24h high reached $0.13310, with a trading volume of 2.81B SIGN and 263.33M USDT. A short signal appears to be forming after the initial surge.
✅ Key Observation:
#SIGN experienced a strong pump followed by a correction, with a potential short signal emerging on the 1-hour chart.
Next Potential targets (Short-term bearish):
🎯 $0.09289 (potential initial support level)
🎯 $0.08000 (potential further support level)
🎯 $0.07021 (lower potential support level)
🛡️Important Resistance Level (to watch for potential upward retest):
🛡️ $0.11557 (potential near-term resistance level)
🛡️ $0.13310 (24h high - significant resistance)
🛑 Stop Loss (for short positions):
Consider setting a stop loss above a recent swing high, perhaps around $0.11800, to protect against unexpected upward movement.
Buy and trade here on $SIGN
