Market Overview for Sign/Tether (SIGNUSDT) on 2025-09-15

• Price declined from 0.0785 to 0.07436 in 24 hours, marking a 5.3% drop.
• Volatility surged midday before contracting late, with Bollinger Band width reaching a 48-hour peak.
• A bearish engulfing pattern formed near 0.0785 on 22:45 ET, followed by a breakdown below 0.0782.
• RSI hit 44, suggesting moderate bear momentum, while volume spiked to 1.16M at the breakdown.
• Turnover divergence noted post-0.0775, with volume outpacing price decline, hinting at a potential near-term bottom.

Sign/Tether (SIGNUSDT) opened at 0.07633 (12:00 ET − 1), reached a high of 0.07853, and a low of 0.07436, closing at 0.07496 (12:00 ET). The 24-hour trading period saw a total volume of 18.4 million contracts and a notional turnover of $1.36 million, reflecting heightened liquidity and bearish conviction.

Structure & Formations

The 15-minute chart displayed a clear breakdown from a 0.0782–0.07853 resistance zone following a bearish engulfing pattern on the 22:45 ET candle. A significant intraday low at 0.07436 formed a potential short-term base, with support likely emerging at 0.07436–0.07482 and resistance at 0.0755–0.0757. A morning session consolidation between 0.0761–0.0765 suggests a key support cluster, where a rebound could test the 0.0768–0.0770 area.

Moving Averages

Short-term (15-min) indicators show the price below the 20-period (0.0752) and 50-period (0.0756) moving averages, signaling bearish momentum. Daily averages (50, 100, 200) remain unprovided, but based on the current trajectory, a retest of the 50D MA could mark a critical inflection point, especially if volume confirms the move.

MACD & RSI

MACD lines remained negative throughout the session, dipping to -0.000145 at the 04:15 ET trough, indicating ongoing bearish pressure. RSI hovered between 40–46, avoiding oversold territory but suggesting momentum may be waning. A bounce above 0.0755 may trigger a temporary RSI rebound to 48–50, but a close above 0.076 would be required for a full reversal signal.

Bollinger Bands

Bollinger Bands expanded to a width of 0.00056 during the early afternoon, signaling heightened volatility. The price closed near the lower band (0.0750), suggesting a potential mean reversion opportunity. If the range contracts again and the price remains above 0.0753, a bullish breakout could occur.

Volume & Turnover

Volume spiked to 1.16 million at 0.0785 and 0.0762, confirming key resistance and support levels. However, the price decline after 0.0775 was not met by a corresponding volume increase, suggesting potential bear exhaustion. A further decline to 0.07436 saw turnover rise by 20%, indicating increased participation at the lows.

Fibonacci Retracements

From the 0.07436 low to the 0.07853 high, the 38.2% retracement level aligns with 0.0763–0.0765, where the price has previously found support. The 61.8% level sits near 0.0772, a critical area to watch for a potential rebound. A close above 0.0772 may trigger a retest of the 0.0775–0.0776 cluster, offering a key short-to-medium-term pivot.

Backtest Hypothesis

A potential backtest strategy could involve a short bias when price breaks below a 15-minute EMA(20) with a confirmed bearish engulfing pattern and volume exceeding 1 million. A stop-loss could be placed at the recent high (0.0785) and a take-profit at 0.07436. The strategy would then be evaluated over 100 historical instances of similar setups, adjusting for market conditions and liquidity. Given the recent volatility and volume confirmation, this approach may offer a favorable risk-reward ratio, especially if RSI remains below 50 and the price stays below the 50-period MA.

The forward-looking view suggests that, in the next 24 hours, the price may attempt a test of 0.0755–0.076 as the key support cluster. However, a sustained close above 0.076 would be necessary for a bullish reversal. Investors should remain cautious of a potential breakdown below 0.07482, which could extend the downtrend.