CYBER Update ๐
Even though the post hasnโt reached 50 likes yet, I think itโs better to share the analysis now.
Currently, $CYBER is moving between $0.69 โ $0.70 and consolidating in this range.
One important thing:
The funding rate is running around -1.2, which is quite high on the negative side. This shows aggressive short positioning in the market.
Because of this, opening a long position right here can be risky. Price may still dip further before any strong upside move.
A safer approach would be to watch the $0.67 area.
If price comes down toward 0.67, that zone could offer a better and more controlled long opportunity depending on confirmation and volume.
Until then, patience is important. $CYBER
If it doesnโt give the proper setup, Iโll wait and keep tracking the dips.
#StrategyBTCPurchase
#PredictionMarketsCFTCBacking
Even though the post hasnโt reached 50 likes yet, I think itโs better to share the analysis now.
Currently, $CYBER is moving between $0.69 โ $0.70 and consolidating in this range.
One important thing:
The funding rate is running around -1.2, which is quite high on the negative side. This shows aggressive short positioning in the market.
Because of this, opening a long position right here can be risky. Price may still dip further before any strong upside move.
A safer approach would be to watch the $0.67 area.
If price comes down toward 0.67, that zone could offer a better and more controlled long opportunity depending on confirmation and volume.
Until then, patience is important. $CYBER
If it doesnโt give the proper setup, Iโll wait and keep tracking the dips.
#StrategyBTCPurchase
#PredictionMarketsCFTCBacking