$CYS Bias: ๐ข LONG (Buy on Pullback)
Current Price: ~$1.419
Trend: Strong bullish momentum with higher highs/higher lows.
RSI: 63.8 โ bullish, but not yet extremely overbought.
Bollinger Bands: Price is near the upper band at $1.491, so chasing at the current price carries higher risk.
Resistance: $1.443 โ $1.491
Support: $1.35 โ $1.30 โ $1.21
๐ Long Setup
Entry: $1.35โ$1.39
TP1: $1.44
TP2: $1.49
TP3: $1.60
Stop Loss: $1.29
Alternative: If price breaks and holds above $1.44 with strong volume, a continuation long can be considered.
โ ๏ธ Short: Avoid shorting while the 1H structure remains bullish. A short becomes more attractive only after a strong rejection around $1.44โ$1.49 with bearish confirmation.
Conclusion: LONG bias, preferably on a pullback rather than buying the current spike. The chart shows strong momentum, but volatility is high. Use low leverage and strict risk management. This is a technical setup, not financial advice.
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