YFI/USDT 4H Technical Analysis & Trade Signal
Figure: YFI/USDT 4-hour price chart (Binance) with Parabolic SAR (yellow) and MACD (below). The chart shows YFI trading around 5,233 USDT (recent low). Parabolic SAR dots are above price – a bearish signal – and the MACD line has crossed below its signal line (negative histogram). YFI is down ~5% in 24h, and one analysis noted “all elements [are] clearly bearish”. Overall, short-term momentum is strongly bearish.
Support: ~$5,100 USDT (key floor); a break below this could target ~$5,000 (psychological level).
Resistance: ~$5,800 USDT (recent swing high) (near-term pivot ~$5,500 USDT).
Trade Signal: SELL (short) – bearish bias confirmed.
Entry (Short): Consider entering on a break below ~$5,200 USDT (recent low).
Take-Profit: Target ~$5,000 USDT (TP1) and ~$4,800 USDT (TP2).
Stop-Loss: ~$5,300 USDT (just above recent resistance).
Recommendation: The 4H trend is down, so favor short positions if support fails. The above targets and stop-loss are derived from recent price action and support/resistance levels. Risk is managed with a tight stop above ~$5,300. (This analysis is for informational purposes only.)
