YGG/USDT Keep an eye on the demand area potential back retesting
💎YGG has undoubtedly attracted significant attention in the market. Currently, it appears to be on a downward trajectory, heading towards the demand area for a retest and the potential to create new momentum.
💎 Historically, when YGG has approached the demand area, it has often resulted in a bounce, followed by an upward movement, with the possibility of aiming for the strong resistance area.
💎 However, if YGG fails to bounce upon reaching the demand area and instead consolidates in that region, this could be a concerning sign.
💎 Such a scenario could indicate potential weakness, with the price potentially breaking below the demand area and continuing its downward movement towards the support area, or even further down.
💎 Historically, when YGG has approached the demand area, it has often resulted in a bounce, followed by an upward movement, with the possibility of aiming for the strong resistance area.
💎 However, if YGG fails to bounce upon reaching the demand area and instead consolidates in that region, this could be a concerning sign.
💎 Such a scenario could indicate potential weakness, with the price potentially breaking below the demand area and continuing its downward movement towards the support area, or even further down.
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