Strong distribution appears at $CYS after the price stumbled at the main supply zone! 📉
⚡ Entry zone: 0.70 – 0.73
🎯 Targets: 0.678 then 0.558
⚠️ Stop-loss: 0.78
📌 The supply zone around 0.73 shows clear signs of weak momentum, with sellers stepping in strongly to absorb buyers’ orders.
📉 Trading volume data indicates strong distribution near the main structural resistance zone.
💡 With the depth of buy orders declining below the current levels, a decisive breakdown of support may lead to a quick drop toward the next support zones. 📊
Placing the invalidation level just above the most recent high helps keep the risk clearly defined.
💬 Are you getting ready for the bearish wave, or do you prefer waiting for confirmation of a breakdown below support? �
⚡ Entry zone: 0.70 – 0.73
🎯 Targets: 0.678 then 0.558
⚠️ Stop-loss: 0.78
📌 The supply zone around 0.73 shows clear signs of weak momentum, with sellers stepping in strongly to absorb buyers’ orders.
📉 Trading volume data indicates strong distribution near the main structural resistance zone.
💡 With the depth of buy orders declining below the current levels, a decisive breakdown of support may lead to a quick drop toward the next support zones. 📊
Placing the invalidation level just above the most recent high helps keep the risk clearly defined.
💬 Are you getting ready for the bearish wave, or do you prefer waiting for confirmation of a breakdown below support? �
