$CYBER (1D) is playing ping pong between horizontal resistance and the diagonal descending support. It's the 4th time price has rejected from the 0.3953-0.3817 zone. Now looking for a reaction on the support zone below. If we saw a good initial reaction with volume on the support then a long back to the resistance zone could be taken easily.
If price does break below the support zone then it will drop hard and bring cascade of liquidations, so in that scenario avoid longing or holding it. Consider that diagonal support as your last lifeline for a bounce back on it.
If price does break below the support zone then it will drop hard and bring cascade of liquidations, so in that scenario avoid longing or holding it. Consider that diagonal support as your last lifeline for a bounce back on it.
