$CYS faces resistance after a sharp rejection at the 60-period MA near $0.5714. Weak volume on the recovery attempt signals potential buyer exhaustion, leaving lower liquidity pools exposed down to the $0.5571 local low. A failure to reclaim and hold above the moving average leaves leveraged long positions vulnerable to a downside sweep.
​🎯 Trade Setup
​Direction:
SHORT
​Entry Zone
$0.5690 – $0.5715
​Take Profit 1
$0.5620
​Take Profit 2
$0.5570
​Take Profit 3
$0.5500
​Stop Loss
$0.5765
​Risk : Reward
1.80
​Trade Type
Scalp
​#Cys