- Yield Basis ($YB) pattern is signaling growing buying momentum and potential bullish continuation above the $0.65 mark.
- Market cap has remained stable even as short-term volatility persists, this highlights growing investor confidence.
- If bullish momentum holds it above $0.65 it could push it toward $0.75 and $0.80.
The Yield Basis ($YB) tokens ascending triangle pattern is a sign that bullish momentum is growing.A breakout above $0.65 could signal the start of an upward move.
Ascending Triangle Pattern Points Toward Bullish Continuation
According to a post from @CryptoPulse_CRU, Yield Basis ($YB/USDT) is shaping an ascending triangle pattern, often viewed as a bullish continuation signal. The price has been making higher lows,and consistently testing the resistance zone between $0.63 and $0.66. This tightening range suggests a potential buildup before a decisive move.
If buyers can break above the $0.65 level with strong momentum, it could open the door for further gains, with potential target levels around $0.68, $0.75, and $0.80.If it fails to break out, it could retrace toward $0.55–$0.57,and potentially form a base for renewed buying activity. Demand increases with each retest of resistance reflects growing confidence among traders.
Short-Term Outlook Shows Resistance Tightening
On the 15-minute timeframe, $YB is consolidating below recent highs as price action remains confined between resistance at $0.645–$0.659 and support around $0.622. The overall trend still leans bullish, yet the resistance range continues to test the strength of buyers.
A confirmed breakout above $0.645 could drive an upward move but if the token fails to the lower support band at $0.610–$0.622 may be tested for new entries. Price behavior in this range will help confirm whether the market favors continuation or a temporary pause.
Trading activity remains balanced, with volume levels stable but ready for expansion upon breakout confirmation. Traders are monitoring this structure closely, awaiting stronger participation to define direction.
Market Cap Stability Reflects Ongoing Investor Confidence
The Yield Basis market cap chart between October 28 and November 3 mirrors the token’s volatile but constructive behavior. Market capitalization has stabilised close to $50 million by November 3.
This indicates short-term volatility suggesting that most holders continue to maintain exposure even after rapid swings of profit-taking following the initial rally rather than a broad sell-off.
Trading volume, while showing gradual contraction, points toward consolidation before a potential breakout. Sustaining a market cap above $50 million could reinforce investor confidence, positioning Yield Basis for renewed growth once buying pressure strengthens.
The market’s next move now depends on whether bulls can overcome the key resistance near $0.65 in the coming sessions.
