#YGGPlay YGG/USDT 1H

1. Trend Structure

The current hourly level is still in a typical downtrend channel, with MA7, MA25, and MA99 in a bearish arrangement and overall trending downward, indicating that the medium-short term trend remains weak. The latest K-line has pulled up from around 0.0675, but overall it is still in the lower part of the channel, belonging to a technical rebound phase after a decline.

2. Key Price Levels

Support below: 0.0675

This is the new low point in this round of decline, as well as the low point area of the recent volume-increasing bearish candles. If it breaks down again and closes confirmed, it may open up to the 0.066–0.065 range below.

Resistance above: 0.0705–0.0710

This range is close to the MA25 and the short-term volatility dense area. If the rebound cannot effectively stabilize above this level, the current rebound is likely still viewed as a corrective wave within the bearish trend.

3. Long and Short Forces

Bulls: There is some support around 0.0675, and a series of upward candles have appeared in the short term, but the volume remains weak compared to the decline, indicating limited bottom-fishing sentiment and a tendency for short-term probing.

Bears: Overall, they still hold the initiative, with clear pressure from moving averages. As long as the price remains below MA25 and the upper boundary of the descending channel, the bearish structure has not been broken.

4. Operational Ideas (For Technical Reference Only)

Aggressive Bulls: Near 0.0675, one can lightly speculate on the rebound, aiming for 0.0705–0.0710, with a strict stop-loss controlled below 0.0670; if it breaks down, exit without hesitation.

Trend-following Bears: If the rebound reaches 0.0705–0.0710 and is blocked by increased volume, consider entering short positions in batches, initially targeting 0.0680 and 0.0675; if it breaks, then look at the 0.066 area, with stop-loss above 0.0715.

Conservative Wait-and-See: Before effectively stabilizing above 0.0710 or breaking below 0.0675, the range width is limited and the direction is unclear, making it more suitable for light positions or waiting for directional choices before participating.

5. Risk Warning

Currently, it is still a weak rebound structure within a downtrend channel, and short-term volatility may intensify. Control the overall position proportion, strictly enforce stop-loss and take-profit, and avoid heavily betting on a single direction before key breakthroughs. @Yield Guild Games $YGG