YB Where do you stand this time: Trend continuation or profit-taking at the highs?

YB has surged +19.19% in the past 24 hours, pushing sentiment to the max. Right now, it’s not about how much it’s up, but whether the chasing funds can keep up. Current price is around 0.0973, with a 24h trading volume of approximately 8.8896 million. A strong volume push is what really indicates that funds are chasing this trend.

Reference indicators: 30m RSI at 77.45 is already overheated, indicating that the chasing sentiment is pretty full; 30m Super Trend at 0.100940, with the current price above it, suggests a trend continuation structure.

I’m going to split my analysis into two plays: one to see if the chasing sentiment starts to cool off, and another to check if the trend support level has been broken again. Both need to pass for a strong short-term signal; if only one passes, we could see some back-and-forth action.

Square's buzz is also revolving around #StrategyBuys1550BTC , with this line showing not only market anomalies but also trending discussions.

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