$YFI /USDT BEARISH ANALYSIS – RETESTING SUPPORT WITH WEAK BOUNCE MOMENTUM
Current Price: $5,463
24h Change: -0.44%
24h High/Low: $5,625 / $5,340
24h Volume (YFI): 360.14
24h Volume (USDT): 1.98M
KEY LEVELS
Resistance Levels:
R1: $5,600 – Minor resistance from recent rejection
R2: $5,800 – Key resistance from previous range top
R3: $6,100 – Breakout point if bullish momentum returns
Support Levels:
S1: $5,340 – Immediate support, 24h low
S2: $5,200 – Stronger structure support
S3: $5,000 – Psychological round number and demand zone
MARKET STRUCTURE
YFI/USDT is showing signs of bearish consolidation, failing to break above $5,600 resistance after a series of lower highs. The current price is hovering just above the support of $5,340, and any strong break below this could push the pair toward deeper retracement levels.
TRADE SETUP (SHORT)
Entry: $5,460–$5,480 (near current level with weak bounce structure)
Stop Loss (SL): $5,625 – above local resistance
Take Profit (TP):
TP1: $5,340
TP2: $5,200
TP3: $5,000
> Risk/Reward: High probability short if price loses $5,340 with volume – targets offer 2x+ reward vs risk.
SUMMARY
$YFI is under bearish pressure, with a declining trend and weakening bullish attempts. If $5,340 support fails, expect swift moves to $5,200 and potentially $5,000. However, reclaiming $5,600 would invalidate this setup and flip sentiment back to neutral.
Would you like a long reversal setup if price bounces from $5,200–$5,000?
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