YGG is currently hovering around 0.0722, and the trend does not look good. The price is pressed below the short-term moving averages — the 7-day moving average is at 0.0729, the 25-day moving average is at 0.0728, while the 99-day moving average is even higher, roughly in the range of 0.085 to 0.09.

Recently, that sharp drop found temporary support at 0.070, which is a bit of relief. But what if it breaks below this level? The range from 0.065 to 0.062 might need to be tested.

Looking up, the resistance ahead is at 0.075-0.078. To truly reverse the downward trend, one must stabilize in the area of 0.085-0.09 (which is the 99-day moving average) — only by cleanly reclaiming that level can the bears be considered suppressed.

The changes in trading volume are quite interesting: there was a significant increase during the sell-off, which then gradually shrank. The selling pressure has indeed eased, but the buyers have not shown any strong willingness to take over. For now, the trend remains bearish, unless the short-term moving averages and the 99-day moving average regain control.