Market Overview for Sign/Tether (SIGNUSDT)

Summary
• Price declined sharply after testing key resistance around 0.0390, with bearish momentum picking up post 00:00 ET.
• Volume surged past 2.39 million at 00:15 ET, confirming bearish continuation with no price-turnover divergence.
• RSI dropped below 30 during the 03:15–05:15 ET rally, indicating potential oversold conditions but not yet a reversal signal.

Sign/Tether (SIGNUSDT) opened at 0.03894 on 2026-01-18 12:00 ET and closed at 0.03872 by 12:00 ET on 2026-01-19, with a high of 0.0392 and low of 0.03555. Total volume reached 3,621,704, and notional turnover hit $151,618. A sharp selloff after 00:00 ET led to a breakdown below key support at 0.0386, confirming bearish bias.

Structure & Formations

Price tested resistance at 0.0390–0.0392 multiple times before breaking below 0.0386, where a large candle formed at 23:30–00:00 ET. A bearish engulfing pattern at 23:45 ET confirmed the breakdown. No strong bullish reversal patterns have formed since.

Moving Averages

The 5-minute chart shows price below 20SMA and 50SMA in the final hours, reinforcing bearish momentum. On the daily chart, price remains below 50DMA and 200DMA, suggesting a medium-term bearish bias.

MACD & RSI

MACD crossed below zero after 23:30 ET, aligning with bearish price action. RSI dropped below 30 during a mid-cycle rally, hinting at oversold conditions but not yet a reversal signal.

Bollinger Bands

Volatility expanded significantly after 23:30 ET, with price closing near the lower band at 0.0375–0.0380. This suggests heightened selling pressure and possible consolidation ahead.

Volume & Turnover

The largest volume spike occurred at 00:15 ET, with 2.39 million contracts and $88,308 notional, confirming a bearish continuation. No clear divergence between price and turnover was observed, supporting the bearish narrative.

Fibonacci Retracements

On the 5-minute chart, price recently tested the 61.8% retracement of the 0.03555–0.0392 move, which aligns with the breakdown. On the daily chart, the 38.2% retracement at 0.0369 could offer short-term support.

Sign/Tether may consolidate in the 0.0373–0.0383 range in the next 24 hours, but a retest of 0.03555 could trigger further downside if momentum remains bearish. Investors should remain cautious of potential volatility swings and watch for a possible rebound around key Fibonacci levels.