Market Overview: Sign/Tether (SIGNUSDT) – 24-Hour Analysis

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 17, 2026 12:42 am ET1min read
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Aime RobotAime Summary

- Sign/Tether (SIGNUSDT) traded between $0.03946 and $0.0405 on Jan 16, 2026, closing near key support at $0.04001 after a bearish reversal.

- RSI approached overbought levels during the rally, while Bollinger Bands widened, signaling heightened volatility and potential momentum exhaustion.

- Volume spiked during the $0.0405 peak but sharply declined afterward, correlating with the price pullback and reduced buying pressure.

- A bullish engulfing pattern formed at $0.04001-0.04004, aligning with 61.8% Fibonacci retracement, suggesting short-term stabilization but risk of further downside below this level.

Summary
• Price fluctuated between 0.03946 and 0.0405, with a bearish close near recent support.
• Strong volume expansion noted during the rally toward 0.0405, followed by a pullback.
• RSI hovered near overbought, suggesting potential exhaustion of upward momentum.
• Bollinger Bands widened, indicating elevated volatility.
• A potential bullish engulfing pattern emerged at the 0.03997–0.04001 level.

Sign/Tether (SIGNUSDT) opened at 0.03979 on January 16, 2026, reached a high of 0.0405, dipped to a low of 0.03946, and closed at 0.04001 by 12:00 ET. Total volume stood at 1,415,191.0 and notional turnover at 56,337.16 USD.

Structure & Formations


The price experienced a notable bearish reversal from a high of 0.0405, with a subsequent pullback toward key support levels around 0.04001–0.03997.
A potential bullish engulfing pattern formed in this area, indicating short-term stabilization. Resistance levels are evident near 0.0405 and 0.04037, with support found at 0.04001 and 0.03995. No clear doji patterns were observed, but the price appears to be consolidating within a 0.03946–0.0405 range.

Key Indicators


The RSI briefly approached overbought territory during the rally but failed to sustain the momentum, suggesting potential exhaustion. The MACD line crossed below the signal line, indicating a bearish turn in recent momentum. Bollinger Bands expanded during the 0.0405 high, reflecting increased volatility. The 20-period moving average on the 5-minute chart acted as a resistance during the pullback, while the 50-period line offered some support near 0.04004.

Volume and Turnover


Volume spiked during the 0.0405 high, particularly around 02:45–03:00 ET, with 299,364 units traded. Turnover confirmed the price action, showing a strong correlation with the upward move. However, volume declined significantly after the peak, aligning with the price pullback and suggesting reduced buying pressure.

Fibonacci Retracements


On the 5-minute chart, the price retraced to the 61.8% level of the 0.03946–0.0405 move at approximately 0.04001, where the price found temporary support. On the daily chart, no significant Fibonacci levels were reached within the observed range, but the current price action aligns with the 38.2% retracement of a larger downtrend from early 2025.

The market may attempt a test of the 0.04001–0.04004 support zone in the next 24 hours. A break below this level could trigger a retest of 0.03995. Investors should remain cautious of potential volatility, particularly if short-term momentum fails to stabilize.