$YFI

Right now: 10.099,90 US Dollar

Yearn Finance has a strong support level at $9,216.81, where there could be either an upward or downward bounce.

2nd Support: $7,172.81

3rd Support: $5,562.13

This analysis is based on my daily chart. If we manage to break above $14,000, we would enter bullish territory, with the next target at $16,000. In the past, I used to panic-sell during larger corrections. However, now I avoid panic selling. Instead, I wait for the price to rise above my entry point, and then I take profits. My target for profit-taking is around 30%. If the price suddenly drops, I buy in at a lower price.

Please note, this is not financial advice. Everyone should make their own decisions!