๐ Current Price: $0.1714 (+4.26%)
๐ฐ๏ธ Timeframe: 1 Week
๐ Weekly RSI(6): 35.73 (Still bearish zone)
๐ EMA Levels:
EMA(7): 0.1848 ๐ก
EMA(25): 0.2562 ๐ด
EMA(99): 0.4669 ๐ฃ
๐ Candlestick Analysis:
YGG continues its multi-week downtrend, printing lower highs and lower lows. A recent bounce from the $0.1348 bottom shows temporary strength, but it failed to break EMA(7) on the weekly โ indicating weak bullish momentum.
Last weekโs candle shows a small-bodied doji, signaling market indecision. However, it still sits below all key EMAs, especially the dominant EMA(25) resistance.
๐ Technical Breakdown:
โ RSI(6) near oversold โ suggesting limited downside pressure
โ Price under EMA(7), (25), and (99) โ bears still in control
โ Volume remains low โ no strong accumulation signs
โ ๏ธ Long-term trend: Down over -77% in one year
๐ฎ Conclusion:
Unless YGG reclaims EMA(7) and EMA(25) convincingly, this move may be just a relief bounce in a broader bear trend.
Breakout above $0.185+ could change sentiment โ but for now, itโs a high-risk zone.
๐ Golden Lion Advice: Wait for clear confirmation before entering long. Ideal only for scalp setups, not swing trades โ yet!
this my prediction only not financial advice
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