📈 Trading Signal: $YGG /USDT (Perp)
The price is currently hovering around 0.04848. We are looking for a continuation of the momentum or a safe entry on a slight pullback.
🎯 Trade Details
Entry Price: 0.04800 – 0.04860 (Current Market Price is viable, but watch for a hold above 0.04800).
Take Profit 1 (TP1): 0.04995 (Recent high/Resistance)
Take Profit 2 (TP2): 0.05250 (Psychological level/Extension)
Stop Loss (SL): 0.04650 (Below the recent consolidation support)
🔍 Technical Observation
Momentum: The 24h change is +23.30%, showing strong bullish sentiment.
Support/Resistance: The price just wicked up to 0.04995 and pulled back. Breaking that level again could lead to a significant squeeze.
Risk Note: The Order Book shows 60.55% Short vs 39.45% Long.
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