$SIGN /USDT BEARISH REVERSAL AFTER FAKEOUT SPIKE – SELL PRESSURE RETURNING FAST!
$SIGN surged briefly above 0.096 but failed to sustain the breakout, quickly retracing with strong bearish candles back below the 0.091 zone. This sharp rejection indicates a classic bull trap, with bears regaining control. Price is now hovering just above previous support, risking another drop if pressure holds.
Trade Setup (Short):
Entry: 0.09050 – 0.09150
Take Profit: 0.08750 / 0.08400
Stop Loss: 0.09300
Market Outlook:
The failure to hold breakout levels shows waning momentum and likely continuation of downward movement. Watch for confirmation with a break below 0.089 for added conviction. Stay cautious of volatility spikes.
Command: Sell the trap and protect your profits on every rejection!
