$YFI /USDT - Bullish Signal

The $YFI /USDT pair has been showing strong upward momentum over the past few days. The price broke above the key resistance level of $8,500 and is currently trading at $9,218. The Relative Strength Index (RSI) is currently at 47, indicating that the asset is oversold and could be due for a correction. However, the overall trend remains bullish.

Entry:

* Long: Enter a long position at the current price of $9,218.

Key Levels:

* Resistance: $9,693

* Support: $8,937

Take-Profit Targets:

* Target 1: $9,693 (Resistance level)

* Target 2: $10,000 (Psychological level)

* Target 3: $10,500 (Breakout level)

Stop Loss:

* $8,063 (Strong support level)

Caution:

Traders should be cautious and monitor the market closely for any signs of instability or potential breakout signals. It is important to use proper risk management techniques, such as setting stop-loss orders, to protect their investments.

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