$YB /USDT Consolidation After Sharp Breakout
$YB printed a strong impulsive breakout from the 0.37 base, followed by quick profit-taking and is now consolidating above key short-term support around the 0.42–0.43 zone. This structure looks like momentum cooling rather than a full trend reversal. EMAs are stacked bullishly, and price is holding above the rising short-term averages, which keeps the continuation scenario valid if buyers defend current levels.
Entry Zone: 0.425 – 0.445
Targets:
TP1 → 0.480
TP2 → 0.505
TP3 → 0.550
Stop Loss: 0.398
Why This Setup Looks Strong:
1 → Strong impulsive breakout from the 0.37 base with high volume
2 → Healthy pullback and consolidation above prior resistance
3 → Price holding above EMA(25) and EMA(60), showing trend support
4 → Momentum still positive with RSI holding in bullish territory
Invalidation:
A sustained move below 0.398 would invalidate the bullish continuation structure.
Bias:
Bullish while price holds above the 0.42 support zone. Patience is key wait for confirmation and manage risk carefully.
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