Summary
• Price declined from 0.0391 to 0.0385 before rebounding, forming a bullish divergence.
• RSI and MACD signaled bearish momentum followed by a potential reversal.
• Volume surged 230% in the final 2.5 hours, confirming a possible short-covering rally.
24-Hour Snapshot
Sign/Tether (SIGNUSDT) opened at 0.0391 on 2026-01-09 at 12:00 ET, reached a high of 0.03925, a low of 0.03851, and closed at 0.03901 on 2026-01-10 at 12:00 ET. Total volume was 1,781,423.0, and notional turnover was 70,329.97 USDT over the 24-hour period.
Price Structure & Trends
The 5-minute chart revealed a bearish breakdown from 0.0391 to 0.0385, followed by a consolidation and partial recovery. Key support emerged at 0.0385–0.0387, with a potential short-term resistance at 0.03905. A bullish engulfing pattern was observed during the late ET recovery, suggesting possible buyer entry. Daily chart 50 SMA sits at ~0.0389, above the current price, indicating a possible correction in progress.
Momentum and Indicators
RSI dipped below 30 during the low at 0.0385, suggesting oversold conditions and hinting at a potential bounce. MACD turned positive in the final 2.5 hours, aligning with the price rebound. Bollinger Bands showed contraction before the 0.03905 breakout, indicating rising volatility.
Volume and Turnover
Volume remained subdued until 05:00–07:00 ET, when it spiked 230%, coinciding with a sharp rebound to 0.03945. Turnover increased in tandem, suggesting genuine buying pressure rather than wash trading. A volume divergence appeared during the early bearish phase, hinting at exhausted selling pressure.
Fibonacci and Projection Levels
Fibonacci retracements on the 0.0385–0.03915 swing identified 0.03877 (38.2%) and 0.03896 (61.8%) as key levels. The 0.03901 close suggests a possible 61.8% retracement target for the next 24 hours.
Sign/Tether may test the 0.03908–0.03916 level in the near term. Investors should monitor the 50 SMA and RSI for confirmation of a sustained reversal. Volatility remains elevated, and sharp corrections could re-emerge if volume cools.
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