🟢 $SIGN Short Liquidation Move 📈
Sign Protocol just experienced a short squeeze at $0.0473, suggesting a shift in sentiment as bearish positions were forced to close. This kind of activity often leads to quick upside extensions as momentum traders step in. Currently, support is around $0.0455–$0.0460, while resistance lies near $0.0495. A clean breakout above resistance could push price toward the target 🎯 of $0.052–$0.055. For risk management, a stop-loss below $0.0448 is ideal. The next move depends on whether bulls can maintain control—holding above support increases the probability of continuation, while rejection near resistance may lead to a range-bound phase. The liquidation event signals that market makers may be hunting higher liquidity zones, so volatility is expected.
