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Technical analysis by AltcoinPiooners about Symbol YGG: Sell recommendation (9/12/2025)

https://sahmeto.com/message/3766593
AltcoinPiooners
AltcoinPiooners
Rank: 389
3.1
Sell،Technical،AltcoinPiooners

YGG Explosive Breakout: Ride the Wave to 0.2350! Entry Level: Marked at 1.0 (0.2450 USDT), suggesting a potential buy point near the current price. Take Profit (TP) Levels: TP1: 0.786 (0.2235 USDT) TP2: 0.618 (0.2067 USDT) TP3: 0.5 (0.1949 USDT) TP4: 0.1447 (0.1447 USDT) Stop Loss (SL): Set at -1.272 (0.2723 USDT), indicating a level to exit if the price moves against the trade. Dead Cat Bounce (DCB): Marked at -1.135 (0.2585 USDT), possibly indicating a minor reversal point. RSI (Relative Strength Index)Current RSI: Around 87.60, which is in the overbought territory (above 70), suggesting the asset may be overvalued and could be due for a pullback or consolidation. Trend: The RSI has risen sharply in recent days, aligning with the price surge, but the high value indicates potential overextension. Key ObservationsThe chart shows a strong bullish momentum with a significant price increase, but the overbought RSI suggests caution. Traders might consider taking profits at the marked TP levels or waiting for a pullback to the entry or lower TP levels. The SL is set above the recent high, providing a buffer against a potential reversal. The analysis seems to follow a Fibonacci-based strategy, with levels derived from a recent swing high and low.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$0.23371
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