$YFI /USDT Trading Analysis & Signal

The $YFI /USDT pair is showing a promising bounce, currently trading at $5,980, reflecting a +9.22% gain for the day. The price recently tested the lower Bollinger Band around $5,560, indicating strong support, while the middle band (moving average) at $5,874 is currently acting as a pivot. The 24-hour high stands at $6,067, and the 24-hour low was $5,361, suggesting increased volatility.

Trading Signal

Entry Zone: $5,900 – $6,000

Target 1: $6,250

Target 2: $6,500

Stop Loss: $5,550 (below support)

With volume picking up and the price rebounding from key support levels, a long position with proper risk management can be considered. A break above $6,067 could trigger further upside momentum, while traders should keep an eye on overall market sentiment. Happy trading!#BinanceAlphaAlert #BinanceLaunchpoolRED #TraderProfile #SBF1stTweetIn2Yrs #wr $YFI