$SIGN just lost a fifth of its value in a day — and the bounce already failed.
The tape: $SIGN opened the window at $0.01077, slid all evening to $0.00868, then the 01:00 UTC hour spiked to $0.00977 on 69 million tokens — the day's biggest bar by far — and closed $0.00953. That was the dead cat. Every hour since has bled lower: $0.00944 at 02:00 down to $0.00847 by 16:00 UTC. Live $0.00853, -20.8% in 24 hours, low $0.00842. Binance volume $3.36 million on 84,000 trades.
The honest other side: this is a $24.2 million coin (rank #728), 93.5% below its $0.131 all-time high, -18% on the week and -33% on the month even before today. Only 28% of the 10 billion supply circulates. Overhead is stacked — EMA20 $0.00883, EMA50 $0.00906, then the $0.00977 spike high — and the August low is $0.00622, so below $0.00842 there is not much shelf left. No verified catalyst either way: nothing timed, just quote pages. The 01:00 spike proves buyers show up — it also proves they sell into the same hour.
Not a call, either way.
Does the 18:00 UTC close hold above $0.00842, or does the flush take the August low into play?
The tape: $SIGN opened the window at $0.01077, slid all evening to $0.00868, then the 01:00 UTC hour spiked to $0.00977 on 69 million tokens — the day's biggest bar by far — and closed $0.00953. That was the dead cat. Every hour since has bled lower: $0.00944 at 02:00 down to $0.00847 by 16:00 UTC. Live $0.00853, -20.8% in 24 hours, low $0.00842. Binance volume $3.36 million on 84,000 trades.
The honest other side: this is a $24.2 million coin (rank #728), 93.5% below its $0.131 all-time high, -18% on the week and -33% on the month even before today. Only 28% of the 10 billion supply circulates. Overhead is stacked — EMA20 $0.00883, EMA50 $0.00906, then the $0.00977 spike high — and the August low is $0.00622, so below $0.00842 there is not much shelf left. No verified catalyst either way: nothing timed, just quote pages. The 01:00 spike proves buyers show up — it also proves they sell into the same hour.
Not a call, either way.
Does the 18:00 UTC close hold above $0.00842, or does the flush take the August low into play?