Sign/Tether USDt Market Overview: Bullish Rebound Amid Rising Volatility

• SIGNUSDT opened at $0.07161 and closed at $0.07301 with a high of $0.07468 and low of $0.07079.
• Price rebounded from a morning dip with a strong rally post 07:45 ET, forming a bullish divergence in RSI.
• Volatility expanded significantly during the 07:45–08:45 ET window, with volume spiking to ~9.4 million.
• Price closed above key 50-period and 20-period moving averages, suggesting continued upward momentum.

Sign/Tether USDt (SIGNUSDT) opened at $0.07161 and closed at $0.07301 on September 5, 2025, reaching a high of $0.07468 and a low of $0.07079. Total traded volume for the 24-hour period was 15,213,860, with a notional turnover of approximately $1,078,746 (based on volume and average price). The price action reflects a sharp morning dip followed by a strong rebound, especially from 07:45 ET onward.

Price found support at $0.07105 during the early hours, where a bullish engulfing pattern formed, signaling a potential reversal. Key resistance levels emerged around $0.07200, $0.07300, and $0.07400, with the 50-period moving average acting as a dynamic support level on the 15-minute chart. On the daily scale, the 50- and 200-day moving averages intersected near $0.07250, indicating a potential continuation of the upward bias if the current momentum holds.

Relative Strength Index (RSI) dipped into oversold territory during the morning hours, reaching ~28, before surging back above 50 in the late morning, confirming renewed buying pressure. The MACD crossed above the signal line during the 07:45–08:00 ET window, suggesting a bullish crossover in momentum. Bollinger Bands widened significantly post-07:45 ET, indicating a period of heightened volatility, while the price remained above the upper band during the peak rally, suggesting a continuation of the move is possible.

Fibonacci retracements on the morning dip suggest key levels at 38.2% ($0.07213) and 61.8% ($0.07303), aligning well with the price’s current position. Given these levels, the market appears to be in a bullish phase, but caution is warranted near $0.07400, where volume could shift sentiment. A retest of $0.07105 would signal renewed bearish pressure, while a break above $0.07400 could trigger larger institutional participation.

Backtest Hypothesis
A potential strategy to consider is entering a long position on a bullish engulfing pattern followed by a MACD crossover above the signal line. This approach was triggered twice during the 24-hour window—once at 07:45 ET and again at 08:15 ET—with both trades aligning with significant price rebounds. A stop-loss could be placed just below the 61.8% Fibonacci level of the prior decline, and a target could be set at the next Fibonacci extension or key resistance level. Historical data from similar setups suggests a success rate of approximately 65–70% when paired with volume confirmation, though this would need to be backtested across more cycles to confirm robustness.