YFI / TetherUS
Long

YFI | Long | Yield Farming Support + Spot Demand |(May 21, 2025)

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YFI | Long | Yield Farming Support + Spot Demand | (May 21, 2025)

1️⃣ Quick Summary:
Yearn Finance is sitting at a key support level and just gave an entry opportunity. With open interest cooling down and price stabilizing, this looks like a solid setup for a cautious long, especially if momentum builds.

2️⃣ Trade Parameters:
Bias: Long
Entry Zone: Around current support – confirming the entry as the level held
Stop Loss: Around 5% below entry to manage risk
TP1: $6,100
TP2: $7,500
TP3: $8,500
TP4: $9,162
Final TP: $11,919

Looking to compound if price climbs steadily—this trade has multi-leg potential.

3️⃣ Key Notes:
✅ Price held a key support zone and is reacting positively—bullish bias from here.
✅ Yearn simplifies DeFi by automating yield farming—strong utility for passive DeFi users.
✅ YFI has no pre-mine, strong community governance, and a suite of yield optimization tools (Vaults, Earn, Zap, Cover).
❌ If BTC or ETH weakens heavily, YFI might not hold—watch macro sentiment closely.
❌ This is a cautious entry—confirm strength before sizing up.

4️⃣ Follow-Up Plan:
If we clear early targets with strength, I’ll look to update this with a compounding plan and new resistance levels.

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Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.

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