I’m watching $YGG closely here. Price dipped into a strong demand zone and showed a sharp rejection with a long lower wick. Buyers stepped in after the sell off and structure is trying to shift short term. I’m looking for a continuation bounce from this base if momentum holds.
Trade Setup
Entry Zone
0.0652 to 0.0662
Target Points
Target 1 0.0680
Target 2 0.0705
Target 3 0.0720
Stop Loss
0.0642
Why this setup works
I’m entering near support where price already showed rejection. The recent candle suggests buyers are defending this level. Risk is small compared to reward and targets align with previous resistance zones. If volume continues to build this bounce has room to expand.
YGG
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