$CYS / USDT (Cysic perpetual futures on Binance) experiencing heavy downside pressure, currently trading at ~0.2823 USDT with a sharp -22.64% drop over the recent period. Price has plunged from highs near 0.3729 in the last 24 hours down to lows around 0.2819, breaking key support levels aggressively.
Key indicators flash bearish signals:
MACD remains deeply negative (DIF -0.0237, DEA -0.0215, MACD -0.0022) with histogram red and expanding downward momentum.
Recent candles show strong red bodies and rejection from higher levels (visible breakdown below ~0.34–0.35 zone).
Long/Short Ratio near 0.99 (balanced but with slight long bias), yet accumulated positions lean toward more shorts building (L.S Acco 0.85, shorts dominating at 53.96%).
Volume spikes on the downside with recent green volume bars smaller compared to red sell pressure.
Overall trend: Deep correction after earlier pump, now testing lower ranges with bearish MA crossovers and Bollinger Band squeeze/expansion downward.
This setup screams short opportunity in this volatile ComputeFi/DePIN token amid broader market chop!
🚨 SHORT $CYS USDT NOW! 🚨
Bearish momentum building – ride the wave down!
Entry: around current levels ~0.2820–0.2840
Take Profit: 0.2400 (strong potential next support zone, ~15%+ upside on short)
Stop Loss: 0.3050 (above recent swing high to invalidate if bulls reclaim)
Leverage wisely (5-10x max recommended for risk control) – always use proper position sizing! This is high-vol alt action, manage risk!
Who's jumping in on the short side? Drop 🔥 if you're trading this!
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