In-depth analysis of YGG's market trend today

After a detailed analysis of YGG's 1-hour, 2-hour and 4-hour levels today, we clearly observed that the bulls dominated. Especially at the 4-hour level, the bull-bear watershed is located near 0.6419, which is the key to today's market trend.

From the perspective of the lower support level, if the market pulls back, investors should focus on the position of 0.6311. If this position is lost, the price may further drop to 0.6180, or even 0.6120, an important psychological level. However, against the backdrop of the bulls' strength, these support levels are expected to withstand the test of the market.

If the market rebounds, investors need to pay close attention to the upper pressure level. The first is 0.6619, which is the first challenge in the short term; if it is successfully broken through, the price will be expected to rise further to 0.6675, which will be the key to whether the bulls can continue to be strong. The final challenge is at 0.6796. If this position is also conquered, the market outlook for YGG will be more optimistic.

In short-term operations, investors are advised to pay close attention to changes in the market and pay attention to the comparison of long and short forces in real time. At the same time, combine market trends and their own risk tolerance to formulate appropriate trading strategies to cope with various market possibilities.

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