Market Overview for Sign/Tether (SIGNUSDT) on 2025-09-14

• Price declined sharply from 0.0793 to 0.0767, with a 24-hour low at 0.0757.
• RSI and MACD both point to bearish momentum, with no overbought signs.
• Bollinger Bands widened significantly, indicating rising volatility.
• Volume surged during the downtrend, particularly in the late New York session.
• Key support levels at 0.0765 and 0.0755 are in focus, with potential for a bounce or further decline.

Sign/Tether (SIGNUSDT) opened at 0.07921 on September 13, 2025 at 12:00 ET and closed at 0.07613 on the following day at the same time. The 24-hour range extended from a high of 0.07935 to a low of 0.0755. Total volume reached 16,720,536.0 with a notional turnover of approximately $1,286,056 (assuming 1 unit = $1 and using average price as proxy).

Structure & Formations

The price action for SIGNUSDT shows a bearish continuation with a series of lower highs and lower lows. A strong bearish engulfing pattern formed around 0.0792 and 0.0790, signaling a shift in momentum from buyers to sellers. Multiple long lower shadows were observed in the latter half of the session, indicating failed attempts to rally. A key support level appears to have formed at 0.0765, with price testing this level multiple times before continuing to fall. If this level breaks, the next key support is likely at 0.0755, where a potential bounce or a continuation of the downward trend could occur.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages have both moved below the price action, reinforcing the bearish bias. On a daily basis, the 50, 100, and 200-period moving averages suggest a longer-term bear trend, as the price remains below all of them. This alignment of moving averages supports the idea that sellers are in control and that further downside could be in play unless there's a sharp reversal.

Backtest Hypothesis

Based on the current alignment of the moving averages and the observed bearish candlestick patterns, a potential backtest strategy could involve a short entry at the close of a bearish engulfing candle, with a stop-loss just above the most recent high of that formation. A target could be placed at the next key support level (0.0765 or 0.0755). This approach would align with the technical bias and could be tested using historical data to assess its profitability and risk-reward profile.

MACD & RSI

The MACD line has crossed below the signal line, forming a bearish crossover, with both lines trending downward. Negative MACD bars suggest that bear momentum is intensifying. The RSI has dropped sharply from overbought territory into the mid-30s, indicating a strong sell-off and a potential exhaustion of short-term sellers. While RSI has not yet entered oversold territory, the momentum remains bearish, and a reversal could be contingent on a significant volume spike or a price rebound above key moving averages.

Bollinger Bands

Bollinger Bands have widened significantly during the 24-hour period, reflecting increased volatility. The price action has stayed largely within the bands, but with a tendency to trade near the lower band, especially in the late New York session. This suggests that volatility is being driven by selling pressure rather than a breakout scenario. A contraction of the bands may precede a breakout, but as of now, the trend remains intact.

Volume & Turnover

Volume has increased during the price decline, particularly in the late New York session, where the largest single candle (at 0.07802) recorded a volume of 560,695.0. This suggests strong conviction among sellers. Turnover has followed volume closely, with no significant divergence observed. However, a divergence between price and volume could signal weakening momentum in the near term. If volume starts to taper off during further declines, it may indicate a potential bottoming process.

Fibonacci Retracements

Applying Fibonacci retracement levels to the most recent 15-minute swing (from 0.07935 to 0.0757), the 38.2% retracement level is at approximately 0.0778 and the 61.8% level is at around 0.0769. These levels have acted as resistance during pullbacks and could continue to serve as important reference points. A break below 0.0765 could take the price to the next Fibonacci level at 0.0755. On a daily basis, retracement levels from the recent high to the current low may offer additional support and resistance areas for near-term action.

Looking ahead, traders may watch for a potential bounce off the 0.0765 support or a test of the 0.0755 level. A break below 0.0755 could open the door for further downside, but a reversal at these levels could spark a short-term recovery. As always, a sudden shift in volume or a breakout from key technical levels could change the near-term trajectory, so caution is warranted.