$YFI /USDT Market Update
🔹 Chart: Daily Time Frame
🔹 Current Price: $9,256
YFI has seen a +20% move and is currently trading above the previous resistance zone. This confirms the bullish breakout and opens up the path toward higher target levels.
1️⃣ Resistance Area:
$10,660: This remains the primary target, now within closer reach. A sustained move toward this level would indicate strong bullish momentum.
2️⃣ Support Zones:
$8,125 - $8,200: The previous resistance is now acting as a support zone. As long as the price stays above this level, the bullish structure remains intact.
$7,797 - $8,000: A deeper retracement could test this zone, but it is unlikely under the current bullish momentum.
3️⃣ Extended Target:
$15,800 (+71%): If bullish momentum continues beyond $10,660, this remains the long-term target.
📈 Market Sentiment:
The strong +20% move highlights continued buyer dominance. Increased trading volumes further signal confidence in the bullish trajectory.
Actionable Tip:
Monitor price action near $10,660 for a potential profit-taking zone or consolidation.
Position for the next leg up by re-entering near support levels, especially on pullbacks to $8,200 or $8,000.
HOLD strong 🚀|| Trade smart ✔️