YFI is highly volatile and can go anywhere, but the recent deep pullback tells me that the selling pressure is waning.
The remaining selling pressure is being absorbed by massive buy walls spotted on Binance early this week, indicating the potential whale accumulation.
The risk to reward ratio is too good to pass up on considering the fact that the price lvl is sitting on pretty strong support.
Allocate the small % of your capital, set the stop loss and proceed with the caution.
Just my opinion, not the investment advice
The remaining selling pressure is being absorbed by massive buy walls spotted on Binance early this week, indicating the potential whale accumulation.
The risk to reward ratio is too good to pass up on considering the fact that the price lvl is sitting on pretty strong support.
Allocate the small % of your capital, set the stop loss and proceed with the caution.
Just my opinion, not the investment advice