YGG/USDT Technical Analysis (15m)

1. Trend Structure

YGG/USDT previously surged above 0.074 and then retreated significantly, forming a clear long bearish candle, subsequently entering a narrow range around 0.072. The current price is approximately 0.0724, operating below MA99, with short-term moving averages tending to flatten. Structurally, it belongs to a weak consolidation phase after a decline, with a rhythm leaning towards fluctuation rather than a trending advance.

2. Key Price Levels

Support Level: 0.0715

This position is close to the area where the previous rapid decline stopped, also near the lower edge of the current consolidation platform. If it breaks down with significant volume, bears may have the opportunity to press further down, focusing on continued support around 0.0705.

Resistance Level: 0.0730

This is the area that has recently blocked multiple rebounds, with previous highs and moving averages above still exerting pressure. If it cannot break through with significant volume and establish a foothold, the current rebound is likely still a technical correction; if it breaks effectively, attention can be paid to the range of 0.0738 to 0.0745 above.

3. Long and Short Strength Comparison

Bullish Side: There is some support above 0.072, short-term selling pressure has been partially digested, but the overall rebound has decreased volume, with insufficient persistence in the upward movement, more reflecting passive defense.

Bearish Side: The previous large bearish candle indicates concentrated selling pressure. The current price is still suppressed below the medium to long-term moving averages, and the overall bearish advantage has not been reversed, only the short-term pressure intensity has eased.

Overall, the market is in a weak consolidation structure, with long and short forces temporarily in a stalemate, and the market is more waiting for new directional signals of volume.

4. Trading Strategy Reference

Bullish Strategy: Only consider testing long positions when breaking through and stabilizing above 0.0730 with significant volume, with target ranges referencing 0.0738 to 0.0745, and a stop-loss set around 0.0722. If it falls back within the range, one should exit quickly.

Bearish Strategy: If the price rebounds to the range of 0.0730 to 0.0738 and faces pressure while volume increases without rising, consider positioning short accordingly, focusing on 0.0715 and 0.0705 areas, with a stop-loss referencing above 0.0740.

Risk Warning: Currently, it is a weak oscillation structure after a decline, with unclear trend signals. Heavily betting on a single direction can easily lead to significant retracement during volume changes. Position management and stop-loss execution should be prioritized when trading. @Yield Guild Games    #YGGPlay    $YGG