$CYS looks like one of those tokens that can seriously punish early shorts.
Just look at the daily chart — from around $0.22 to $1.77 in a massive move, and it’s still holding close to the highs.
I’m not saying it can’t dump. I’m saying shorting this kind of strength before there’s a clear reversal can get ugly fast.
We’ve seen plenty of tokens make 100–300%+ moves while shorts keep getting squeezed.
For now, I’d be very careful with both short-term and swing shorts on $CYS .
Would you short this chart here?
Just look at the daily chart — from around $0.22 to $1.77 in a massive move, and it’s still holding close to the highs.
I’m not saying it can’t dump. I’m saying shorting this kind of strength before there’s a clear reversal can get ugly fast.
We’ve seen plenty of tokens make 100–300%+ moves while shorts keep getting squeezed.
For now, I’d be very careful with both short-term and swing shorts on $CYS .
Would you short this chart here?