$SIGN /USDT on the 4H chart: 🔍 Technical Overview: SIGN/
CryptoPotato
Updated at: 7 hours ago
{"content":"$SIGN /USDT on the 4H chart:
🔍 Technical Overview:
SIGN/USDT has been in a prolonged downtrend, currently trading in a tight consolidation range.
Price is hovering around $0.065 and sitting just below or near key moving averages (MA 7, MA 25, MA 99), signaling weak momentum but potential for a breakout if volume increases.
Without additional indicators like RSI or OBV, the chart suggests a potential bottom formation in progress.
🛡️ Support Zone:
$0.060 – $0.0625: A strong horizontal support zone. If this level breaks, price could drop to the $0.055 area.
🎯 Bullish Breakout Scenario – Targets:
If SIGN breaks above the short-term resistance around $0.0687 (99 MA), the following targets could be in play:
✅ Target 1: $0.072
First local resistance and previous minor top.
A test of short-term strength.
✅ Target 2: $0.078 – $0.080
This range aligns with the 25 & 99 MA convergence.
Stronger resistance, likely to see some seller pressure.
✅ Target 3: $0.088 – $0.090
Major resistance zone from early May.
A clean break above this level could shift mid-term trend bullish.
⚠️ Important Note:
A 4H candle close above $0.0687 is crucial to confirm a breakout.
Otherwise, price may continue to range between $0.060 and $0.067 with low volatility.
✍️ Summary:
SIGN is potentially bottoming out in a low-risk accumulation zone. If momentum builds and price closes above $0.068, the path toward $0.072 → $0.080 → $0.090 becomes more realistic. Still, confirmation is key before assuming any breakout.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/21/427922dffbfb4490b40334d974dc0f12.png"],"tags":[],"tradingPairs":["SIGN/USDT"],"quotearticleid":0}