$YGG The chart is screaming distribution after the post-LOL Land revenue hype fakeout—sellers slammed the brakes hard at the 0.0750 multi-week supply wall with a massive bearish engulfing rejection on spiking 2.3M volume, the highest in 11 days, signaling exhaustion amid the gaming sector's broader cooldown post-GAP Season 10 redesign..............
$YGG has now lost the entire parabolic uptrend channel from the November lows, flipped the 0.0730–0.0740 breakout level into overhead supply, and is dumping on rising sell volume while Web3 gaming sentiment sours, with the recent 9.61% intraday spike fizzling into a -0.68% close..................
This is classic smart-money exit post the YGG Play Launchpad buzz—whales distributed into the +3.52% pump while retail chased the “next GameFi revival” narrative, with CoinCodex forecasting a bearish tilt and potential -5% dip to $0.070 by December 15 despite the $0.0735 spot print..................
If this rejection confirms below 0.0720, we’re looking at a brutal flush straight back to 0.0680–0.0650 liquidity in the next 24–48 hours..................
One of the cleanest overextended gaming shorts on the board right now—bears are fully loaded amid extreme Fear & Greed at 20.
Trade Setup (Short)
Entry Range: 0.0725 – 0.0740
Target 1: 0.0700
Target 2: 0.0680
Target 3: 0.0650
Stop Loss: 0.0760
#YGG @Yield Guild Games #YieldGuildGames #Yieldpaly