#YGG/USDT analysis-On a daily timeframe, after the breakout, the price underwent a retest and surged by over 50% from the breakout level. The price tested the previous breakout level multiple times, establishing it as a support level. However, subsequently, the price experienced a breakdown, plunging more than -36% from the breakdown level.
According to price action analysis, traders might have considered entering at the breakdown, setting their stop loss above the previous swing high or based on their individual risk management strategies.
Note: This post is for educational purposes only.@CryptoRROFFICAIL
