YGG/USDT Breakout the Bullish Pennant! Bullish Momentum for YGG

💎 YGG has recently demonstrated notable market dynamics, breaking out of the Bullish pennant pattern, signaling bullish momentum for continued upward movement.

💎 The trend appears to be strongly bullish, consistently forming new higher highs. With this breakout, YGG may likely reach our target area near the bearish Order Block (OB).

💎 However, if YGG fails to sustain upward momentum and experiences a false breakout, there's potential for the price to retreat to the demand area to establish new momentum, or even descend towards the support of the bullish trendline.

💎 The support provided by the bullish trendline is a crucial level, necessitating a bounce to sustain upward movement. Conversely, if this support level is breached, it could indicate a bearish shift, prompting further downward movement.

Trade chiuso: obiettivo raggiunto:

Just as predicted, #YGG's up a smooth 68.89%!