$CYS is pulling back into a critical supply cluster as the recent bounce starts losing steam.
Parameter
Price Target
Entry Zone
0.5594 – 0.5707
Stop Loss (SL)
0.6150
Take Profit 1 (TP1)
0.5420
Take Profit 2 (TP2)
0.5260
Take Profit 3 (TP3)
0.5160
The latest relief rally driven by buyers has hit a heavy sell wall, where supply is rapidly soaking up buying pressure. Bulls are failing to push higher past this key resistance, leaving a clear pool of sell-side liquidity sitting beneath recent swing lows. As long as overhead supply caps further upside, expect price to rotate downward toward the lower liquidity targets.
Execute the $CYS trade here 👇
$CYS
#GrayscaleFilesToListZcashTrustOnNYSEArca #KOSPICloses5.9%HigherOnChipmakerBuybacks #CryptoRally
Parameter
Price Target
Entry Zone
0.5594 – 0.5707
Stop Loss (SL)
0.6150
Take Profit 1 (TP1)
0.5420
Take Profit 2 (TP2)
0.5260
Take Profit 3 (TP3)
0.5160
The latest relief rally driven by buyers has hit a heavy sell wall, where supply is rapidly soaking up buying pressure. Bulls are failing to push higher past this key resistance, leaving a clear pool of sell-side liquidity sitting beneath recent swing lows. As long as overhead supply caps further upside, expect price to rotate downward toward the lower liquidity targets.
Execute the $CYS trade here 👇
$CYS
#GrayscaleFilesToListZcashTrustOnNYSEArca #KOSPICloses5.9%HigherOnChipmakerBuybacks #CryptoRally