đ $CYS just woke up again.
This chart has already done the hard part â $0.22 â $1.78 in a pretty aggressive move.
Now the interesting bit is the pullback.
Price is back around $1.34, still above EMA20 and EMA50, while EMA200 sits way down near $0.67.
RSI is only around 54, so itâs not screaming overheated yet.
But MACD has turned bearish, and volume is cooling.
Personally, I wouldn't chase a candle here.
Iâd rather see whether $1.17â$1.25 turns into support. If buyers defend that zone, the chart gets interesting again.
If not⊠that $1.78 high may need to wait. đ
$CYS
This chart has already done the hard part â $0.22 â $1.78 in a pretty aggressive move.
Now the interesting bit is the pullback.
Price is back around $1.34, still above EMA20 and EMA50, while EMA200 sits way down near $0.67.
RSI is only around 54, so itâs not screaming overheated yet.
But MACD has turned bearish, and volume is cooling.
Personally, I wouldn't chase a candle here.
Iâd rather see whether $1.17â$1.25 turns into support. If buyers defend that zone, the chart gets interesting again.
If not⊠that $1.78 high may need to wait. đ
$CYS