Here’s a technical analysis post for Binance based on the provided data:
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$SIGN /USDT Technical Analysis – Short-Term Bullish Momentum
Price: $0.09465 | 24h Change: +25.96%
24h Range: $0.06660 - $0.13310
Volume: 2.18B SIGN | 235.34M USDT
SIGN has shown strong bullish momentum in the last 24 hours, surging nearly 26%. The price is currently testing resistance levels around the MA60 ($0.09495), with buy pressure reflected in the high trading volume.
Key Technical Highlights:
Immediate Resistance: $0.09598 – If broken, could spark a quick rally.
Short-Term Support: $0.09400 (near MA60) – Critical for sustaining momentum.
Volume Trend: MA(5) and MA(10) both showing increasing volume, supporting continued upward movement.
🎯 Price Targets (Short-Term):
1. Target 1: $0.1000 – Psychological resistance.
2. Target 2: $0.1120 – Minor resistance from previous swing high.
3. Target 3: $0.1250 – Key level before re-testing 24h high of $0.13310.
Conclusion: If SIGN breaks above $0.096 convincingly with strong volume, bulls may aim for higher resistance levels in quick succession. Watch closely for price action around MA60 and depth zone support.
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