[Market Update] SIGN/USDT Shows Bearish Trend with -6.17% Dip

SIGN/USDT is currently trading at $0.09230, reflecting a 6.17% drop over the last 24 hours. The pair has experienced a high of $0.10200 and a low of $0.09011 during this period.

Volume indicators suggest heightened trading activity with 324.57M SIGN and 30.87M USDT exchanged. On the 15-minute chart, recent candles show bearish pressure as price action slips below the 5-period moving average (MA), which currently stands at 3.70M, versus the 10-period MA at 2.78M.

The Stochastic RSI currently reads 53.37 (fast) and 73.99 (slow), signaling potential continuation of bearish momentum unless buyers step in around support zones.

Technical traders might watch for a bounce near the $0.090 level or a breakout above the recent high to confirm a reversal.$SIGN