The sign looks good, it has oscillated for a long time in the early stages, and the low-level chip accumulation is basically almost done. Moreover, the front-row holdings of over 90% indicate a high control of the market. This coin has been rising for a long time, the price has not fallen, and the holding volume is quite large, so there is a high probability that this coin will continue to take off. The low-level dog traders have probably built up quite a few long positions. If the funding rate turns negative, we can make a profit from the funding rate. The probability of a short-term explosion of long positions is very low, and the probability of a crash is also relatively low; if it were to crash, it would have already done so a long time ago.

In terms of shape, the daily level is temporarily predicted to be an ascending wedge, and the smaller level is in a pullback phase. The lower side is about to touch the lower support line, so it is advisable to enter long positions around the current price of 0.052, and it is expected to add positions near 0.05. If it breaks below 0.048-0.049, just stop loss decisively. Once it rises again, the target is at least above 0.07; the cost-performance ratio is still quite high, and it can be a chance for a second rise. $SIGN

SIGNUSDT

Perp

0.0338

+5.23%