$YB has transitioned from compression to expansion, typically a precursor for follow-through as sidelined participants rush to reposition. Support is forming around 0.178; maintaining acceptance above this zone keeps buyers in control and opens room toward 0.195 as the next resistance cluster. Should bullish pressure remain consistent, extension toward 0.205 becomes achievable, especially if late shorts are forced to unwind. However, failure to defend 0.178 could rotate price back toward 0.168 for a reset before another attempt higher. Volume behavior suggests accumulation rather than distribution, giving advantage to continuation setups. Traders should monitor reactions at resistance carefully because first tests often invite temporary pullbacks.
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$YB has transitioned from compression to expansion, typically a precursor for follow-through as sidelined participants rush to reposition. Support is forming around 0.178; maintaining acceptance above this zone keeps buyers in control and opens room toward 0.195 as the next resistance cluster. Should bullish pressure remain consistent, extension toward 0.205 becomes achievable, especially if late shorts are forced to unwind. However, failure to defend 0.178 could rotate price back toward 0.168 for a reset before another attempt higher. Volume behavior suggests accumulation rather than distribution, giving advantage to continuation setups. Traders should monitor reactions at resistance carefully because first tests often invite temporary pullbacks.
$YB