YGGUSDT.P #YGG/USDT 4H
YGG bullish breakout from a descending channel, indicating a potential trend reversal. The price has moved above the upper trendline of the channel, the Ichimoku Cloud, and key EMAs (20, 50, 100), all of which confirm increasing bullish momentum. The breakout is supported by a spike in volume, suggesting strong buying interest. The next resistance to watch is around $0.52, while the broken trendline near $0.42 now serves as support. Sustaining above these levels could lead to further upside potential.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.