MY $YB PLAN: LEVERAGING THE PULLBACK
My strategy is clear: we do not chase a vertical pump, especially one flagged as potentially overbought. We wait for the first healthy pullback to provide a high-probability entry.
my Entry: My ideal entry for $YB is on a constructive pullback and successful retest of the prior resistance zone. I am a buyer in the $0.42 - $0.44 area.
my Stop Loss: Placed decisively below the recent swing low and the breakout point, at $0.39. A move back below this level would indicate the breakout has failed.
my $YB Targets (The Yield Ascent):
🎯 Target 1: $0.5036 (Retest the high)
🎯 Target 2: $0.5802
🎯 Target 3: $0.6568
This is a high conviction reversal trade. By waiting for a tactical entry on the pullback, we join the new uptrend with a much better risk profile. This is how we professionally leverage the momentum on #YieldBasis #yb