$YFI / USDT
Yearn Finance is forming a falling wedge pattern on the daily timeframe — a classic bullish reversal structure 🔍
Price is compressing between descending trendlines, with a recent attempt to break the upper boundary, signaling early strength.
📊 Technical Overview:
✔️ Falling wedge (reversal pattern)
✔️ Higher lows forming inside compression
✔️ Momentum building near breakout zone
📈 Bullish scenario:
If breakout confirms with volume:
🎯 $3,617
🎯 $4,002
🎯 $4,472
⚠️ Key support: Around $2,400 – losing it weakens the setup
A confirmed breakout could trigger a strong impulsive move upward after prolonged consolidation.