🚨 $YOM BEARISH TRADE ALERT
$YOM is showing heavy bearish pressure, with price sitting around the $0.0147 area after a sharp -15.98% move. Sellers have clearly dominated the current session, and a clean breakdown below $0.0145 could open the door to additional downside liquidity. Only a strong reclaim above $0.0160 would begin to weaken the bearish setup.
Trade Setup
Entry: $0.0145 – $0.0149
Target 1: $0.0140
Target 2: $0.0134
Target 3: $0.0127
Stop Loss: $0.0161
How it's possible
Market structure: The aggressive selloff keeps the short-term structure bearish until buyers can reclaim important resistance.
Lower highs/lower lows: Failed rebounds followed by fresh lows would confirm continued seller control.
Support/Resistance: $0.0145 is the key breakdown level, while $0.0156–$0.0160 is the main resistance zone.
Volume confirmation: Increased volume during another support break would strengthen the continuation thesis.
Momentum: The -15.98% move signals strong bearish momentum and weak immediate demand.
Liquidity: Losing $0.0145 could sweep nearby long positions and accelerate the move toward lower liquidity zones.
Breakdown/rejection confirmation: Wait for a decisive close below $0.0145 and preferably a failed retest before entering.
If price closes above $0.0161, the bearish setup fails and the trade should be exited to protect capital.
Let’s go and Trade now $YOM
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