$YB is really keeping everyone on their toes today.

I’ve been watching this 15-minute chart, and that rejection at 0.1581 was a bit of a heartbreaker for the bulls. It looked like it was ready to fly, but the sellers stepped in fast. The good news is that we’re seeing a lot of buying interest every time it dips toward the 0.1540 area, which has created a pretty solid floor for now.

Currently, it’s sitting at 0.1563 and looks like it’s trying to build up enough steam for another run at that local high. This kind of back-and-forth usually happens right before a major decision in price. I’m staying patient to see if we get a volume spike to confirm the next move.

Are you guys looking to buy this consolidation, or do you think we need one more retest of the 0.1526 support first?