Market Overview for Sign/Tether (SIGNUSDT) on 2026-01-01

Summary
• Price dropped sharply from $0.03809 to $0.03683 before consolidating near $0.0372–0.0373.
• Volume spiked at 17:45 ET, indicating a bearish breakdown with strong selling pressure.
• RSI and MACD both indicate moderate bearish momentum and no clear overbought/oversold signals.
• Bollinger Bands show low volatility near 00:00 ET, suggesting a possible reversal or consolidation.
• Fibonacci retracements highlight 61.8% at $0.03705 as potential support; 38.2% at $0.03737 as resistance.

Sign/Tether (SIGNUSDT) opened at $0.03809 on 2025-12-31 at 12:00 ET and closed at $0.03723 on 2026-01-01 at 12:00 ET. The 24-hour range was $0.03809 (high) to $0.03676 (low). Total volume reached 5.57 million, and notional turnover hit $204,220.

Structure & Formations

Price action shows a strong bearish breakdown from the initial $0.03809 high to the $0.03683 low at 17:45 ET, forming a large bearish candle with a long lower wick. A bullish reversal may be forming near the $0.0372–0.0373 level as price consolidates and forms tighter ranges.

Moving Averages and Trend

On the 5-minute chart, the 20-period and 50-period moving averages show a bearish crossover, confirming a short-term downtrend. On the daily chart, the 50/100/200 MA alignment remains neutral, suggesting the price is in a consolidation phase between key trend levels.

Momentum and Indicators

RSI remains in the mid-40s for much of the session, indicating balanced bearish and bullish momentum. MACD remains negative for most of the 24-hour period, showing continued bearish bias. A divergence between price and RSI is not yet evident but may form as price approaches $0.03705–0.0371.

Volatility and Bollinger Bands

Bollinger Bands show a contraction near 00:00 ET and a modest expansion during the early morning hours, indicating a potential shift in volatility. Price remains in the middle of the bands for much of the session, suggesting a lack of directional bias.

Fibonacci Retracements

Applying Fibonacci retracement levels to the $0.03809–$0.03676 swing, 61.8% is at $0.03705 and 38.2% at $0.03737. These levels appear to be acting as strong support and resistance, respectively, for the current consolidation phase.

Looking ahead, price may test the $0.03705 support level with a potential bounce or break. Traders should remain cautious about a possible short-term reversal if volume and momentum begin to align with bullish signals. A break below $0.03694 could reintroduce bearish momentum, but a strong close above $0.03744 would signal a resumption of a bullish phase.