$YB /USDT – BEARISH RETRACEMENT LIKELY AFTER STRONG REJECTION WICK

YB pumped aggressively from $0.4999 into the $0.58 resistance zone, but the 30m chart now shows a sharp rejection candle, signaling exhaustion of bullish momentum. Price is struggling to stay above $0.554, suggesting sellers may take over and push the market into a corrective move.

Trade Setup (Short)

Entry Range: $0.5530 – $0.5580

Target 1: $0.5340

Target 2: $0.5170

Target 3: $0.5020

Stop Loss (SL): $0.5725

After a steep vertical rally, YB is showing early signs of reversal as buyers fail to maintain the highs. Rejection near resistance combined with weakening candle strength sets the stage for a bearish pullback unless price regains momentum above $0.57.

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buy and trade here on $YFI

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