The current analysis of YGG is as follows:
Market performance at the 1-2-4 hour level shows obvious short pressure, especially paying attention to the situation around 0.5703 on the daily chart.
As long as the price can stabilize above the current level and does not break the support level, the return of bullish power may be observed. Important pressure levels are located near 0.6791, 0.8325 and 0.9245.
If the daily chart fails to effectively show a rebound and a strong pull-up, the short trend is likely to continue, and attention should be paid to the support level near 0.5200.
These are the key points of the current market technical analysis of YGG. Investors should pay close attention to changes in price trends and breakthroughs in key support and pressure levels.
If you can't find a direction in the currency circle and don't know what currency to buy, read my Zhuye profile and share more information and strategies related to the currency circle for free.
