$YFI /USDT SHORT TRADE SIGNAL
Trade Setup:
* Short Entry: $5,528
* TP1: $5,510 (MA(25))
* TP2: $5,448 (MA(99))
* SL: $5,596 (Recent high)
Short Outlook of Market:
The YFI/USDT pair has been trading within a range and is currently showing signs of a potential short-term reversal. The price has recently failed to break above the previous high of $5,596 and has formed a red candle, suggesting a possible bearish divergence. The MA(7) is starting to cross below the MA(25), which is a short-term bearish signal. The overall trend, while still technically bullish on a longer timeframe (MA(99) is below the current price), is showing signs of weakness that could lead to a pullback to test the next support levels.
YFI
2,836
+1.46%