$YFI REJECTS LOCAL RESISTANCE – SHORT BIAS EMERGES AT 1,870 🔥
Entry: 1,865 – 1,870 🔥
Target: 1,858 / 1,850 / 1,843 🚀
Stop Loss: 1,878 ⚠️
Price is facing consistent rejection near the 1,870 zone, indicating that sellers are stepping in to defend this level despite multiple attempts. The fact that buyers have failed to push through twice in the past 48 hours suggests momentum is shifting.
This structure aligns with a corrective pullback scenario as long as we stay below 1,878. The risk-to-reward on the first target alone is nearly 1:2 from the entry zone.
Are you considering a short here or waiting for a retest?
Not financial advice. Always manage your risk.
#YFI #ShortSetup #RejectionTrading #CryptoAnalysis #BinanceSquare 🔥