Coin Name: $YGG
Position: Long
Entry Price: 0.2051
YGG is forming an ascending triangle on the 4-hour timeframe, which is typically a bullish pattern. A breakout above the upper trendline could trigger upward momentum. Additionally, the 4-hour RSI appears to be heading toward the supply zone, supporting a potential move to the upside.
USDT.D is forming an ascending channel on the 4-hour timeframe and is currently holding above the trendline support. There’s a key resistance level around 5.10, where it may face rejection, potentially signaling a shift in market sentiment.
There's significant liquidity resting below the current price on YGG. I expect a move to the downside to sweep that liquidity, followed by a potential reversal to the upside.
Leverage: 3X
Targets:
1st TP 0.2130
2nd TP 0.2200
3rd TP 0.2300
This is my personal prediction, but as we all know, the crypto market is highly volatile. If you're considering this trade, be sure to conduct your own thorough research before making any decisions.
$YGG
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