YGG/USDT Potential YGG will back test on the support and bounce!
💎 Paradisers, #YGG has recently encountered significant market dynamics. Currently, it appears that YGG is retracing toward the support zone for potential backtesting after encountering strong resistance at the supply zone.
💎 If #YGG successfully bounces from the support area, there is potential for the price to resume its upward movement and retest our target area.
💎 However, if #YGG fails to find support at the current level and breaks down below the support zone, the next likely destination is another support area. In such a scenario, it becomes crucial for #YGG to bounce from this level and reclaim the price above the demand zone to maintain its upward trajectory.
💎 Should #YGG fail to bounce and continue to decline, it may confirm a bearish trend, leading to further downward movement.
💎 If #YGG successfully bounces from the support area, there is potential for the price to resume its upward movement and retest our target area.
💎 However, if #YGG fails to find support at the current level and breaks down below the support zone, the next likely destination is another support area. In such a scenario, it becomes crucial for #YGG to bounce from this level and reclaim the price above the demand zone to maintain its upward trajectory.
💎 Should #YGG fail to bounce and continue to decline, it may confirm a bearish trend, leading to further downward movement.
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