$YB Post-Breakout Consolidation Phase
$YB delivered a decisive breakout from the 0.37 accumulation range, followed by a brief round of profit-booking. Price is now stabilizing above the critical 0.42–0.43 support area, suggesting a pause in momentum rather than a structural breakdown. Trend alignment remains constructive, with short-term moving averages trending upward and price respecting them, keeping the bullish continuation scenario intact as long as current levels are defended.
Trade Plan
Entry Zone: 0.425 – 0.445
Upside Targets:
• TP1: 0.480
• TP2: 0.505
• TP3: 0.550
Stop Loss: 0.398
Technical Rationale:
→ Explosive breakout from the 0.37 base supported by strong participation
→ Controlled pullback holding above former resistance, now acting as support
→ Price maintaining structure above EMA 25 & EMA 60, confirming trend strength
→ Momentum indicators remain constructive, with RSI staying in bullish territory
Invalidation Level:
A confirmed breakdown below 0.398 would negate the bullish setup and signal weakness.
Market Bias:
Bullish above the 0.42 support zone. Let price confirm strength, stay disciplined, and manage risk accordingly.
