Note: This is not financial advice.
Do your own risk .
$YFI/USDT ā Strong Bullish Momentum in Action ā š„
$YFI/USDT is pushing higher, gaining steadily over the past 24 hours and now trading around $5,610. The trend remains bullish, but the price is nearing resistance at $5,621. A breakout above this level could fuel further gains, though caution is advised for potential pullbacks.
Entry Zone:
Look for entries between $5,269 ā $5,610. A pullback towards $5,269 could offer a strong buying opportunity for an upward move.
Targets:
šÆ $5,621 ā First target at resistance. Watch closely for a breakout.
šÆ $5,750 ā Next target if bullish momentum strengthens.
šÆ $5,900 ā Extended target on a strong continuation.
Stop Loss:
Set a stop loss at $5,200 to safeguard against a trend reversal.
Key Levels:
Support: $5,269
Resistance: $5,621
Pivot Level: $5,450
Pro Tip:
A confirmed break above $5,621 could open the door for further upside. However, if the price fails to break through and starts reversing, be prepared to cut losses around $5,200.
