$YFI is still trapped inside a broad descending channel, but something is changing near 3,300. The bounce from channel support wasn’t weak. Price slowed down, sellers lost momentum, and candles started tightening. That’s usually where pressure builds.
Right now, this zone matters. A clean break and hold above the descending trendline would be the first real signal that control is shifting. If that happens, momentum can expand fast toward the 3,800 to 4,200 supply zone. That’s where sellers will likely show up again.
If price fails here and gets rejected from the trendline, the structure stays bearish. In that case, risk opens back toward recent lows, and this bounce turns into just another lower high.
This is a decision point. Expansion or rejection. $YFI is about to show its hand.
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$YFI is still trapped inside a broad descending channel, but something is changing near 3,300. The bounce from channel support wasn’t weak. Price slowed down, sellers lost momentum, and candles started tightening. That’s usually where pressure builds.
Right now, this zone matters. A clean break and hold above the descending trendline would be the first real signal that control is shifting. If that happens, momentum can expand fast toward the 3,800 to 4,200 supply zone. That’s where sellers will likely show up again.
If price fails here and gets rejected from the trendline, the structure stays bearish. In that case, risk opens back toward recent lows, and this bounce turns into just another lower high.
This is a decision point. Expansion or rejection. $YFI is about to show its hand.