$YALA /USDT — Trend Still Bearish
On the 4H timeframe, price remains firmly below the major EMAs, confirming ongoing downside pressure. The 1H chart also aligns with this sentiment, staying under the EMAs and showing no signs of reversal yet.
The 15-minute RSI is extremely oversold at 22.89, which may cause a small temporary bounce. However, the 1H RSI at 36.94 still suggests there is room for further downside.
A potential short opportunity appears if the 15m RSI makes a bounce but fails to break above 50, indicating weakness and allowing traders to rejoin the existing downtrend.
Why this setup now?
Higher-timeframe momentum remains weak, and a failed bounce could be the trigger that continues the move toward the next support levels.
Short Setup (Technical View Only)
Entry Zone: 0.027377 – 0.027634
TP1: 0.026734
TP2: 0.026477
TP3: 0.025963
Stop-Loss: 0.028276