The silence is fading.
SIGN is currently around 0.01267 on the displayed leaderboard, showing approximately 4.1 percent 24 hour strength.
The move itself is interesting, but the real test begins now.
Can SIGN hold the area around 0.01240 to 0.01260 and build another higher low?
If buyers defend that region while volume continues increasing, the next levels I am watching are 0.01320, 0.01380 and 0.01450.
A move through 0.01450 with strong participation would make the chart considerably more interesting from a momentum perspective.
But there is no free move in crypto. If SIGN loses the 0.01220 region and cannot reclaim it, the current setup could lose strength.
This is why I am watching support just as closely as resistance.
EP: 0.01260 to 0.01275
TP1: 0.01320
TP2: 0.01380
TP3: 0.01450
SL: 0.01215
The market is beginning to show signs of life again.
SIGN is one of those charts where the next few candles could tell us whether this is simply a short term bounce or the beginning of something larger.
I am ready for the move, but I want buyers to prove themselves.
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