If the price breaks above $1.2, the possibility of a rally to $1.4 increases. This level may act as a stiff hurdle, but if the buyers prevail, the YGG/USDT pair could rally to $1.5 and then to $1.6.
Conversely, if the price turns down sharply and breaks below $1, it will suggest that the bears are not willing to give up. The pair may then slip to the 50-day SMA ($0.9). A slide below this support could start a deeper correction.
