Danger Sign is a piece of scenery located in the Underground Pass and in the Ogre Enclave.
There is also a danger sign before the bridge that leads from mainland Yanille to Hazelmere's island.
The sign is in the first level of the dungeon with passages and orbs of light.
Player is supposed to tie a rope to a nearby stalagmite in order to lower down the passage to safely pick up the yellow orb of light.
The sign is by the Black demon cage.