$CYBER +48% in 24h. Is it just me or does this look like exhaustion at the top? 👇
A 72% surge in 16 hours put it up 48% on the day, so I took a closer look at the structure.
The break above 0.3763 was tiny (5.0%) and CYBER got rejected from 0.395 straight away. That's not strength, that's buyers running out of steam.
My eyes are on 0.3216, the low of the earlier $CYBER pullback. A lot of stops are sitting there and price hasn't tested it yet. Above 0.395 I'm out of this idea.
📌 My CYBER trade: short from 0.3797, stop at 0.4087, target 0.3216 (+15.3%, 1:2)
📊 24h Vol: $130M | 24h Chg: +48.3% | Funding: -0.0460%
Top or just a pause? What do you think? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#CYBER #Analysis #Trading
A 72% surge in 16 hours put it up 48% on the day, so I took a closer look at the structure.
The break above 0.3763 was tiny (5.0%) and CYBER got rejected from 0.395 straight away. That's not strength, that's buyers running out of steam.
My eyes are on 0.3216, the low of the earlier $CYBER pullback. A lot of stops are sitting there and price hasn't tested it yet. Above 0.395 I'm out of this idea.
📌 My CYBER trade: short from 0.3797, stop at 0.4087, target 0.3216 (+15.3%, 1:2)
📊 24h Vol: $130M | 24h Chg: +48.3% | Funding: -0.0460%
Top or just a pause? What do you think? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#CYBER #Analysis #Trading
