$SIGN Good morning, let's analyze together with Gemini today's chart of the SIGN/USDC token, which shows a strong upward trend.
After reaching a low in the early morning hours, the price has seen significant growth, surpassing the moving averages of 7, 25, and 99 periods (respectively in green, red, and yellow).
Currently, the price stands around 0.10220, with a remarkable increase of +48.74%. The trading volume in the last 24 hours is significant, indicating strong interest in the asset. It can be noted how the price is testing the previous resistance around 0.10413.
From a technical indicators perspective, the strong upward push suggests positive momentum. However, it is important to monitor whether the price will be able to maintain this momentum and break through the resistance, or if a correction will occur. Buy orders (Demand) seem slightly higher than sell orders (Supply) at the current price level.
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