Market Overview: Sign/Tether (SIGNUSDT) Daily Technical Summary (2025-10-13)

• SIGNUSDT traded in a bullish consolidation pattern following a 6.6% intraday high, with volume peaking at 5.7M near 0.04439.
• Price retested key support at 0.0435–0.0437 twice, but failed to break below, suggesting short-term bullish bias.
• RSI reached 68 in early AM ET, indicating near-overbought conditions, while Bollinger Bands showed narrowing volatility.
• Fibonacci retracements placed 0.0438 (61.8%) as a key level; a break below risks retesting 0.0435.
• Volume and turnover aligned with price during the AM rebound but diverged during the post-noon decline, hinting at mixed sentiment.

Overview and Key Data

Sign/Tether (SIGNUSDT) opened at 0.04222 (12:00 ET - 1) and advanced to a high of 0.04543 before consolidating and closing at 0.04364 by 12:00 ET. The 24-hour range extended from a low of 0.04204 to 0.04543, with total volume reaching 151.7M and turnover estimated at $6.5M.

Structure and Candlestick Formations

The price formation featured a strong bullish engulfing pattern around 0.0445–0.0447 on the 15-minute chart, followed by a bearish reversal candle on the 1-hour chart at 0.04507. A long lower shadow and short upper wick in the 0.0445–0.0447 range suggest strong support around 0.0444–0.0445. Conversely, a bearish harami at 0.0449–0.04485 signaled potential bearish exhaustion.

Moving Averages and Trend Context

A 20-period moving average on the 15-minute chart crossed above the 50-period line in the early morning, indicating a short-term bullish crossover. On the daily chart, the 50-period MA at 0.0436 aligns with the close, while the 200-period MA sits at 0.0439—suggesting a neutral to slightly bearish bias in the medium term.

Momentum and Volatility Indicators

The 14-period RSI reached 68 during the early morning, hinting at overbought territory, while MACD crossed into positive territory at 0.0002 with a bullish divergence forming. Bollinger Bands showed a narrow range in the pre-noon hours, suggesting potential for a breakout. Price remained near the upper band between 0.0449 and 0.0450, indicating high volatility.

Volume and Turnover Dynamics

Volume spiked to 5.7M at 0.04439, aligning with a consolidation high, while turnover dipped slightly during the afternoon decline—suggesting weaker conviction. Divergence between rising price and declining volume in the afternoon may indicate fading bullish momentum.

Fibonacci Retracements and Key Levels

Fibonacci levels from the 0.04204 low to the 0.04543 high highlight key areas: 0.0438 (61.8%) and 0.0444 (38.2%). A break below 0.0438 could target 0.0435, while a close above 0.0445 may trigger a test of the 0.0448–0.0450 range.

Backtest Hypothesis

Given the RSI readings in the overbought range and the strong volume at 0.04439, a potential backtest could assess a strategy where a long position is entered when RSI crosses below 70, with a trailing 5% stop loss. Applying this to SIGNUSDT’s 15-minute chart over the 2025-10-12 to 2025-10-13 period, the most favorable entry might have occurred near 0.0448–0.0445, with a target at 0.04439–0.0440. If extended to a daily timeframe using 50/200 EMA, the strategy could evaluate whether a crossover above the 200 MA (0.0439) confirms a bullish setup.