$YGG /USDC BEARISH CONTINUATION — WEAK STRUCTURE BELOW KEY MOVING AVERAGES
$YGG ’s rally is losing strength as price trades below MA(7) and MA(25), with both acting as immediate resistance. MACD remains in negative territory (DIF below DEA), signaling fading bullish momentum after the 0.0600 rejection. Volume has cooled, confirming distribution rather than accumulation. Short-term downside pressure is building.
📉 Trade Setup
Entry Zone (Short):
0.0490 – 0.0505
Take Profit Targets:
TP1: 0.0477
TP2: 0.0433
TP3: 0.0399
Stop Loss:
0.0528 (Above local resistance & MA reclaim level)
📊 Short Market Outlook
Trend structure on lower timeframes is weakening. Failure to reclaim 0.0505 keeps sellers in control. A decisive break below 0.0477 could accelerate downside toward 0.0433.
Bulls must reclaim 0.0520+ to invalidate the bearish setup. Until then, momentum favors sellers.
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