$YFI /USDT showing distribution near resistance
SHORT
Trade Plan
Entry $3,040 – $3,090
Stop Loss $3,165
TP1 $2,980
TP2 $2,920
TP3 $2,840
Why this setup
Price failed multiple times to hold above the $3,120–$3,160 resistance zone and is now printing lower highs on the 1H structure. Momentum candles are losing size after the impulse up, signaling buyer exhaustion. Current position sits back inside the prior range, which often leads to a liquidity sweep toward lower support levels.
Debate question
Will
$YFI defend $3,000 psychological support or break down for a deeper correction
Buy and Trade
$YFI #YFI #YFIUSDT #WhaleDeRiskETH #GoldSilverRally #BinanceBitcoinSAFUFund