Market Overview for Sign/Tether (SIGNUSDT) – October 11, 2025

• SIGNUSDT dropped 48.8% in 24 hours, driven by a massive selloff between 21:00–22:30 ET.
• RSI (15min) hit 9.2 at 21:30 ET, signaling extreme oversold conditions.
• Volume spiked to 16.2M at 21:45 ET, indicating high liquidity turnover.
• Price bottomed near 0.0048 before rebounding to 0.04399, forming a potential bullish reversal pattern.
• Volatility expanded significantly during the selloff, with a 20-period Bollinger Band width of 27.1% at the low.

Price Action Summary

Sign/Tether (SIGNUSDT) opened at 0.05766 on October 10, 2025 at 12:00 ET, reached a high of 0.05807, and fell to a 24-hour low of 0.0048 before closing at 0.04268 on October 11 at 12:00 ET. The 24-hour volume totaled approximately 196.4 million units, while the notional turnover was about $8.8 million. The price action suggests a sharp bearish reversal triggered by a sudden liquidity shock.

Structure & Formations

The price of SIGNUSDT displayed a sharp breakdown in structure during the 21:00–21:45 ET window, with prices dropping from 0.05595 to 0.0048. A potential bullish reversal pattern emerged after the bottom, as prices rose to 0.04399, forming a small hammer candle at 21:45 ET and a modest bullish engulfing pattern at 00:45–01:00 ET. The 0.040–0.043 range appears to be a key support zone based on the consolidation observed over the last six hours. A strong bearish rejection candle was seen at 21:45 ET, suggesting a key psychological level was broken.

Moving Averages

On the 15-minute chart, the 20-period MA (0.0466) is significantly above the current price (0.04268), indicating a bearish bias. The 50-period MA (0.0473) reinforces the downtrend. On the daily chart, the 50-period MA is at 0.048, while the 100-period is at 0.051 and the 200-period MA is at 0.055. This shows that current price is deeply oversold relative to longer-term averages.

MACD & RSI

The MACD line for the 15-minute chart turned negative at 21:15 ET and has remained in bearish territory, with the signal line crossing below it to confirm a bearish divergence. The RSI (15min) hit an extreme low of 9.2 at 21:30 ET, indicating a deep oversold condition. A potential rebound is being signaled as RSI recovered to 31.8 by 11:45 ET. A divergence between price and RSI during the rebound could suggest a temporary bottoming process.

Bollinger Bands

The Bollinger Bands contracted during the early part of the session before a sharp expansion during the 21:00–22:30 ET window. The price closed the 24-hour session at 0.04268, sitting within the lower half of the 20-period Bollinger Bands. A period of high volatility was observed between 21:15–22:30 ET, with the bands widening significantly. The current price is close to the lower band, indicating potential for a mean reversion.

Volume & Turnover

The 24-hour volume was highly concentrated in the 21:45–22:30 ET window, where a single candle at 21:45 ET recorded 16.2 million units traded — the largest of the session. This coincided with a large downward move from 0.05595 to 0.04399. The notional turnover spiked from $0.26M to $0.76M during this period, suggesting significant selling pressure. Price and turnover were aligned during this move, confirming the bearish bias. Recent volume has been lower, with the last six 15-minute candles averaging 1.8M units, indicating a period of consolidation.

Fibonacci Retracements

Applying Fibonacci retracements to the 21:15–22:45 ET move, the 38.2% level was at 0.0338 and the 61.8% level at 0.0475. The price has since bounced off the 50% level at 0.045 and retreated to the 38.2% level at 0.0338. The 0.040–0.043 zone overlaps with the 61.8% and 78.6% retracement levels of the recent rebound and appears to be a key support zone. A break below 0.0338 would likely target the 23.6% retracement level at 0.0306.

Backtest Hypothesis

The backtest strategy described involves entering a long position when RSI (15min) falls below 20 and volume spikes above the 50-period average, combined with a bullish engulfing pattern. This aligns with the observed 21:45 ET candle, which showed RSI at 9.2, volume at 16.2 million, and a bullish reversal pattern. If the market shows a continuation of this pattern, the strategy could yield positive returns. However, due to the high volatility and deep overbought/oversold condition, additional filters, such as a stop-loss at 0.0338, should be considered.