๐Ÿšจ $SIGN Day Trading Strategy โ€“ April 30, 2025โ€‹


๐Ÿ”น Current Price: ~$0.065

๐Ÿ”น 24H Range: $0.062 โ€“ $0.068

๐Ÿ”น Market Sentiment: Neutral to slightly bullish

๐Ÿ”น Technical Indicators:


Support Levels: $0.062, $0.058

Resistance Levels: $0.068, $0.072

Moving Averages: Trading above 50-day EMA, indicating bullish momentum

MACD: Positive crossover suggests potential upward movement

RSI: Approaching overbought territory, caution advisedโ€‹



๐Ÿ“ˆ $SIGN Intraday Trading Plan:


Long Entry: $0.063 โ€“ $0.065


Take Profit (TP): $0.068 โ€“ $0.070

Stop Loss (SL): $0.060



Short Entry: $0.068 โ€“ $0.070


Take Profit (TP): $0.063

Stop Loss (SL): $0.072โ€‹



๐Ÿ“Š Market Overview:

SIGN's price is currently consolidating, with key support at $0.062 and resistance at $0.068. A breakout above $0.068 could signal a bullish trend, while a drop below $0.062 may indicate further downside. Traders should monitor volume and price action closely.โ€‹


โš ๏ธ Risk Management:

Given the approaching overbought RSI levels and recent price volatility, it's crucial to set appropriate stop-loss orders and manage position sizes to mitigate risk.โ€‹


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