š $YFI / USDT ā Range Compression Play!
YFI is currently compressing in a tight range, respecting both support and resistance. Volatility has cooled, setting up for a potential strong move soon. Structure is neutral but leaning bullish after bouncing from range lows.
Trade Setup (Long ā Range Breakout Focus):
š¹ Entry Zone: 3,310 ā 3,350
š¹ TP1: 3,420
š¹ TP2: 3,550
š¹ TP3: 3,750 ā 3,900
š¹ Stop Loss: Below 3,280
Key Notes:
Bullish continuation only if price breaks and holds above 3,420 on a strong 1H close.
Expect choppy price action inside the range until then.
Loss of 3,300 shifts bias back to bearish.
Patience is key ā compression phases usually lead to explosive moves! ā”
YFI
3,326
+2.90%