$CYS
That rejection from the 0.5915 area turned the breakout into a nasty liquidity trap.
CYS is now testing 0.5809 while sitting below the MA60 — this is where buyers must defend or the structure gets weaker fast.
EP
0.5809 - 0.5812
TP1 0.5844
TP2 0.5864
TP3 0.5880
SL
0.5774
The immediate battle is at 0.5809. A bounce from this level can reclaim 0.5844 and challenge the MA60 at 0.5864, while a clean loss of 0.5774 invalidates the recovery idea. Volume has cooled sharply after the earlier spike, so confirmation matters here.
Let's go $CYS
#Cys
That rejection from the 0.5915 area turned the breakout into a nasty liquidity trap.
CYS is now testing 0.5809 while sitting below the MA60 — this is where buyers must defend or the structure gets weaker fast.
EP
0.5809 - 0.5812
TP1 0.5844
TP2 0.5864
TP3 0.5880
SL
0.5774
The immediate battle is at 0.5809. A bounce from this level can reclaim 0.5844 and challenge the MA60 at 0.5864, while a clean loss of 0.5774 invalidates the recovery idea. Volume has cooled sharply after the earlier spike, so confirmation matters here.
Let's go $CYS
#Cys