$YGG /USDT – Short Setup Near Resistance Rejection

YGGUSDT

Perp

0.1627

-7.87%

$YGG is bouncing but approaching a critical resistance near 0.1650, previously rejected with strong bearish momentum. Current upside may be a lower high forming.

Entry (Short): 0.1635 – 0.1650

Take Profit 1: 0.1590

Take Profit 2: 0.1562

Take Profit 3: 0.1535

Stop Loss: 0.1678

Analysis Highlights:

• Previous rejection at 0.1657 sparked a sharp drop

• 15m chart shows lower highs in formation

• RSI likely nearing overbought on smaller timeframe

• Volume weakening on bounce rally

Wait for rejection confirmation before entering. Tight risk management advised due to intraday volatility.

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