$SIGN I didn’t expect this one to turn back this cleanly

I’ve had SIGN on my watchlist, and the interesting part for me isn’t really the +7.7% showing on the screen.

It’s the way price came back after that ugly dip.

SIGN dropped toward 0.0087, looked like it was losing the short-term structure, and then buyers started stepping in again. Since then, the candles have been pushing higher and we’re now sitting around 0.00946, almost at the 0.00958 24H high.

That recovery is what got my attention.

Price has climbed back above the MA(5), MA(10) and MA(20), all sitting around 0.00901–0.00921. So the short-term picture has flipped pretty quickly. What was resistance a few candles ago is starting to become an area buyers are defending.

And I like the MACD reaction here.

It spent a while turning negative during the selloff, but now DIF has moved back above DEA and the histogram is expanding green again. RSI is around 65, so momentum is definitely picking up, although we’re getting closer to the point where I’d rather see consolidation than another straight vertical candle.

Volume is still not crazy compared with the earlier spike, but it has been increasing alongside this recovery. That matters because I want to see actual participation behind the move, not just a thin-book jump.

Now comes the part I care about most.

0.00958 is the immediate test.

SIGN has already pushed into that area, so I want to see whether buyers can actually take it out and hold above it. If they do, the chart could start looking a lot different.

If the breakout fails, I’m watching 0.00921–0.00905 first. That’s the zone I’d want buyers to defend. Lose that and I’d be much less interested in chasing the recovery.

I’m not saying this has to break higher.

I just like the fact that after looking weak around 0.0087, SIGN managed to pull itself back above the whole short-term MA cluster.

Sometimes the recovery tells you more than the initial pump.

Now I want to see what happens when buyers meet 0.00958 again. $SIGN