$YB /USDT faced a sharp rejection from the $0.69 resistance, triggering an intense -18% sell-off as sellers regained dominance. The price has dropped toward the $0.52 zone, marking a critical short-term support area where bulls may attempt to stabilize the decline. The steep red candle reflects heavy liquidation, but if $YB holds above $0.52, a technical rebound could follow as oversold conditions start to build up. Momentum indicators like MACD are weakening but hint at a potential bottom formation if buying pressure returns in the next few sessions.
Targets:
TP1: 0.5600
TP2: 0.6000
TP3: 0.6500
Stop Loss: 0.5100