$SIGN /USDT short trade signal 🚦 🔴
SHORT TRADE SIGNAL — RELIEF BOUNCE AFTER DOWNTREND, BEARS STILL IN CONTROL!
$SIGN has bounced from a local low of $0.06550 to trade near $0.07044, but the broader 4H chart structure remains bearish. The current move appears to be a corrective rally within a larger downtrend that began after the rejection from the $0.09281 high. Price is still forming lower highs and lower lows, with resistance expected near the $0.07200 zone.
Trade Setup (SHORT):
Entry Zone: $0.07080 – $0.07220
Target 1: $0.06700
Target 2: $0.06450
Stop Loss: $0.07390
Why Short?
This bounce is forming after multiple red candles and follows a textbook bearish wave. With declining highs and weak bullish volume, the rally looks more like a pullback than a reversal. A failure to reclaim $0.072 could open the door for another leg lower.
Risk Management Tip:
Use a tight stop above $0.07390. Watch for rejection wicks or bearish divergence on RSI for higher confluence before entering.
Sell smart — don’t chase green candles when the trend is turning red!
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buy and trade here on $SIGN
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