$YFI /USDT Trade Signal (1H Chart)
Current Price: $5,723
Trend: Strong uptrend continuation after a pullback from $5,462
Resistance Levels: $5,758 — Breakout point
Support Levels: $5,698, $5,621
Trade Idea:
Buy Zone: $5,700 – $5,730
Stop Loss: $5,620
Target 1: $5,800
Target 2: $5,870
Target 3: $6,000
Market Insight:
Price is trading above all key moving averages, RSI near 70 showing strong bullish momentum but nearing overbought. A breakout above $5,758 could fuel further upside.
Recommendation:
Consider a long position on breakout confirmation with tight risk management.
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