$YFI /USDT: Key Levels to Watch After Recent Volatility

YFI/USDT is showing signs of consolidation around the $10,662 level after sharp price movements. With a 24H high of $11,507 and low of $10,573, here's what traders should keep an eye on:

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📊 Price Analysis (4H Chart):

Resistance: $11,000 - $11,500 (Key zone for breakout confirmation)

Support: $10,500 - $10,600 (Critical to hold for bullish momentum)

A breakout above $11,000 could ignite upward momentum towards the $12,000 zone. Failure to hold $10,500 may lead to a retest of lower levels.

🔑 Trading Signal:

Entry Zone: $10,600 - $10,800

Targets: $11,200 / $11,500 / $12,000

Stop Loss: Below $10,500

📈 Market Insight: Monitor volume and RSI closely for strength confirmation. This consolidation phase may act as a launching point for the next trend.

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Risk Management: Use tight stop losses and watch for confirmations on lower timeframes to avoid fakeouts.

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