Analyzing the 15-minute chart for $YFI /USDT, the current price is 7,113. This level could be considered for an entry as it shows signs of stabilizing after recent fluctuations.
The first resistance to monitor is at 7,388, with a more significant resistance level at 7,798, which could serve as targets for short-term profit-taking.
if the upward trend continues, the next level to watch would be 8,112. On the downside, immediate support is found at 6,914, with a more crucial support level at 6,504, where a stop-loss can be set to mitigate potential losses.
Setting take-profit targets at TP1: 7,388, TP2: 7,798, and TP3: 8,112 provides a structured approach for traders looking to capitalize on possible upward movement in YFI/USDT.
