$YB Currently monitoring the top gainers, can these coins be chased?

YB is a DeFi project created by the founder of Curve, and its most unique feature is that providing liquidity does not incur impermanent loss; holding BTC can follow BTC price 1:1, and you can also earn trading fees.
YB tokens are used for voting governance and locking in to share the rewards.
Looking at the daily chart, this coin just launched at 0.84 and then kept falling sharply, crashing for over four months, with the lowest dropping to 0.097, an 88% decline, currently just the typical bottoming pattern of new DeFi coins.
The current price is around 0.18, up 31.35% in one day, reaching a high of 0.19469, rebounding quickly by 86% from the low.
Technically, the MACD has formed a golden cross, the bulls are starting to gain strength, and it also broke out of short-term sideways movement with increased volume, showing a V-shaped rebound trend.
As for whether it can be chased now? In the short term, it’s likely to push up to the 0.20-0.25 range, but overall, it has not yet exited a major downtrend.
If you want to enter, play with a small position; for more stability, wait until it drops back to 0.15-0.16 and buy in batches.
Finally, a reminder: this is a small-cap DeFi coin, and its price swings are very crazy. Only those who can withstand high risks should consider it, and position size and stop-loss must be tightly controlled.