$YGG has completed a strong impulsive rally and is now showing signs of exhaustion on the 30-minute timeframe. After failing to sustain momentum above the 0.051–0.052 resistance zone, price has formed lower highs and begun consolidating below the 0.049 level.
The rejection from the upper resistance area suggests distribution, with sellers gradually taking control. Current price action is holding below the breakdown level near 0.0485, confirming short-term bearish pressure.
As long as price remains capped below the 0.050–0.051 resistance region, the structure favors continuation to the downside toward the previous demand zone.
Trade Setup
Entry Range: 0.0480 – 0.0490
Target 1: 0.0455
Target 2: 0.0420
Target 3: 0.0395
Stop Loss: 0.0515
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