YFI/USDT– Technical Analysis
Market Structure: Price is attempting to reclaim a key horizontal level around $3,050–$3,100, which previously acted as support and then resistance.
Current Action: Multiple rejections from this zone, but buyers are pressing again — compression under resistance.
Trend Context: Still within a broader lower-high structure, but short-term momentum is improving.
RSI (14): ~56–58, holding above 50 → mild bullish momentum without being overbought.
🔑 Key Levels
Resistance: $3,100 (break = bullish continuation)
Next Upside Target: $3,300–$3,400
Support: $2,950 then $2,750
Invalidation: Clean rejection below $2,950 could send price back into range lows.
📌 Bias
Neutral-to-bullish while holding above $2,950.
A strong 4H close above $3,100 would confirm breakout and shift structure bullish short-term.
@yearn $YFI #YFICoin #yfi