Echo something conditionally on the single page of specific Custom Post Type Taxonomy

// ==================================================================
// SINGLE PAGE OF SPECIFIC CPT TAXONOMY
// ==================================================================
function single_page_of_specific_cpt_taxonomy(){
    global $post; 
    if(is_singular('YOUR_CPT')){
       foreach (get_the_terms(get_the_ID(), 'YOUR_TAXONOMY') as $cat) {
           //echo $cat->slug;
           if($cat->slug === 'YOUR_TERM'){
               echo 'YEAHHH!!!!';
           }
        }
    }
}
add_action('genesis_entry_content', 'single_page_of_specific_cpt_taxonomy');