Market Overview for Sign/Tether (SIGNUSDT) as of 2025-10-14

• Price of Sign/Tether (SIGNUSDT) formed key support around 0.0436–0.0437, with a rally toward 0.0458–0.0461 in the 24-hour window.
• Volatility expanded significantly in the evening, with Bollinger Band widening and volume surging above 1.1M.
• MACD showed bullish momentum with a golden cross forming late in the session.
• RSI signaled overbought levels at the high but failed to confirm a breakout above 0.0461, indicating potential exhaustion.
• 20-period MA crossed above 50-period MA, signaling a potential short-term bullish bias.

The Sign/Tether (SIGNUSDT) pair opened at 0.04381 at 12:00 ET–1 and reached a high of 0.04633 before declining to a 24-hour low of 0.04315. It closed at 0.04145 at 12:00 ET, with total volume hitting ~50.9M and a turnover of ~$2,250K. The 24-hour candlestick structure shows a long upper and lower wick, suggesting indecision between buyers and sellers.

Structure and formations highlight a critical support zone between 0.0436 and 0.0437, reinforced by a bearish engulfing pattern in early ET hours. On the upside, a bullish harami formed around 0.0458–0.0461, indicating potential reversal signals. A 61.8% Fibonacci retracement level sits near 0.0452, acting as a key resistance. The 20-period MA crossed above the 50-period MA in the final hours, suggesting a short-term bullish tilt, while the 200-period MA remains bearish.

MACD turned bullish in the latter half of the session, with a golden cross forming as the line crossed above the signal line. RSI peaked near overbought levels at 0.0463 and declined afterward, indicating a potential lack of follow-through. Bollinger Bands expanded significantly between 18:00–22:00 ET, reflecting heightened volatility, with the price staying within the bands, suggesting a continuation of the range. The 50-period MA remains above the 200-period MA, pointing to medium-term bearish pressure.

Volume surged to over 50.9M in the 24-hour period, with a notable spike in the 18:00–22:00 ET window when the price peaked near 0.0463. This suggests accumulation or distribution pressure depending on the candle structure. Notional turnover followed the same trend, aligning with volume, which implies confirmation rather than divergence. A key observation is the price action failing to break above 0.0461 despite strong volume, hinting at potential resistance.

The Backtest Hypothesis section integrates the provided strategy description into the broader market narrative. Given the MACD golden cross as a potential entry signal, a 5-day hold and exit strategy could be tested using historical data from 2022–2025 on the SIGNUSDT pair. This would help evaluate the viability of the strategy in varying market conditions and inform risk-adjusted return expectations for the current market setup.