$CYS — Dump Risk Increasing
CYS is trading near 0.8421, just below the 0.8647 resistance after a strong recovery.
The structure is starting to look stretched. If price gets rejected around 0.86–0.87, a sharp pullback could follow — similar to what we saw on $VELVET.
Short idea: Rejection below 0.865
Targets: 0.80 → 0.75 → 0.70
Invalidation: Strong breakout and hold above 0.865
Don’t chase the green candles. Wait for confirmation.
Not financial advice.
CYS is trading near 0.8421, just below the 0.8647 resistance after a strong recovery.
The structure is starting to look stretched. If price gets rejected around 0.86–0.87, a sharp pullback could follow — similar to what we saw on $VELVET.
Short idea: Rejection below 0.865
Targets: 0.80 → 0.75 → 0.70
Invalidation: Strong breakout and hold above 0.865
Don’t chase the green candles. Wait for confirmation.
Not financial advice.
