The line broke. $CYBER just fell through the level that was supposed to decide its next move. 🎯
$CYBER is down 13.2% today — its second red day in a row. Yesterday it fell 7.7%. That's about 20% gone in two days.
Right now it's trading at $0.262 — just above its 24-hour low of $0.261, after breaking below $0.266, the line it was sitting on this morning.
The levels:
• Support: $0.261 — today's low, being tested right now
• Trigger: a break below $0.261 opens the door lower
• Resistance: $0.266–$0.267 — the old line, now overhead
• Invalidation: reclaiming $0.28 would say the sellers are done
I still couldn't find a clear news reason for the slide. Sometimes a coin just keeps falling because nobody is buying.
Two red days and the line is gone — falling knife, or a level worth watching?
#CYBER #Crypto #Altcoins
Not financial advice.
$CYBER is down 13.2% today — its second red day in a row. Yesterday it fell 7.7%. That's about 20% gone in two days.
Right now it's trading at $0.262 — just above its 24-hour low of $0.261, after breaking below $0.266, the line it was sitting on this morning.
The levels:
• Support: $0.261 — today's low, being tested right now
• Trigger: a break below $0.261 opens the door lower
• Resistance: $0.266–$0.267 — the old line, now overhead
• Invalidation: reclaiming $0.28 would say the sellers are done
I still couldn't find a clear news reason for the slide. Sometimes a coin just keeps falling because nobody is buying.
Two red days and the line is gone — falling knife, or a level worth watching?
#CYBER #Crypto #Altcoins
Not financial advice.
