Sign/Tether (SIGNUSDT) Market Overview

• SIGNUSDT traded in a tight range early before breaking out decisively after 04:15 ET, closing at 0.08488.
• Momentum strengthened with a positive RSI divergence and a bullish MACD crossover.
• Volatility expanded significantly during the overnight session, with Bollinger Bands widening after 01:00 ET.
• High-volume clusters confirmed the breakout, particularly in the 04:15–06:45 ET window.
• A key resistance at 0.08576 was tested but not yet broken, with a potential pullback toward 0.08338 observed.

Market Summary

The Sign/Tether pair opened at 0.07989 on 2025-09-19 at 12:00 ET and closed at 0.08488 on 2025-09-20 at 12:00 ET. Over the past 24 hours, the price traded between 0.07875 and 0.08660, with a final close of 0.08488. Total trading volume amounted to 138,810,370.0 units, while notional turnover was approximately $11,250,000 (based on closing prices). The market showed a clear upward bias in the latter half of the day, with a strong breakout from a consolidation pattern.

Structure & Formations

The chart displayed a key consolidation pattern from 0.0792 to 0.0829, followed by a breakout confirmed by high-volume candles after 04:15 ET. A bullish engulfing pattern appeared on the 04:15 candle, suggesting a strong reversal. Additionally, a bearish doji was observed near the 0.0849 level, hinting at potential resistance. A key support level at 0.08337 has held multiple times, and a break below this level may signal a retest of the 0.08225 swing low.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs have been bullish since the breakout, with the price staying above both. On the daily chart, the 50-period SMA currently sits at 0.0814, and the 200-period SMA is at 0.0795, both supporting a long-term bullish trend. The price remains well above the 100-period SMA at 0.0808, reinforcing the upward momentum.

MACD & RSI

The MACD crossed above the signal line on 04:15 ET, confirming the bullish breakout. The histogram has remained positive since then, showing increasing momentum. RSI reached a low of 30 early in the day and climbed to a high of 58, indicating moderate strength and no immediate overbought condition. A bullish divergence was observed between price and RSI in the 06:00–09:00 ET window, suggesting potential continuation.

Bollinger Bands

Bollinger Bands widened significantly after 01:00 ET, reflecting increased volatility. The price has remained above the middle band since 04:15 ET, and the upper band is currently at 0.08660. A close above this level could trigger a further move toward 0.0875, while a pullback to the lower band (currently at 0.0833) may offer a re-entry opportunity for longs.

Volume & Turnover

Volume spiked dramatically during the 04:15–06:45 ET window, with the 04:15 candle alone contributing $11.2 million in turnover. This volume confirms the breakout. The 09:30–12:00 ET window saw a decrease in volume, suggesting a potential pause in the bullish trend. A divergence between price and volume in the 09:30–10:30 ET window hints at weakening conviction, but overall, volume remains aligned with the upward move.

Fibonacci Retracements

Applying Fibonacci retracement to the 0.07875–0.08660 move, the 61.8% level is at 0.0837, and the 78.6% is at 0.0852. These levels have served as key support/resistance during the recent rally. On a 15-minute basis, the 38.2% retracement at 0.0842 and 61.8% at 0.0848 are key to watch for a continuation or pullback.

Backtest Hypothesis

A potential backtesting strategy could focus on breakout confirmation using volume and candlestick patterns. A long entry could be triggered when the price closes above the 15-minute upper Bollinger Band on a bullish engulfing candle with high volume. The stop-loss would be placed below the 61.8% Fibonacci level of the preceding consolidation, and the take-profit target could align with the 78.6% retracement. This approach would seek to capture trend continuation after a confirmed breakout, aligning with the observed momentum and volume confirmation on the 04:15 candle.