$CYBER is up 18% and showing rejection at the highs. Here's why 👇
A 33% surge in 7 hours put it up 18% on the day, so I took a closer look at the structure.
The break above 0.2895 was tiny (5.3%) and CYBER got rejected from 0.3049 straight away. That's not strength, that's buyers running out of steam.
Next stop for me is 0.2738. Nobody's touched it since the pullback $CYBER (26% of the leg), so it's the obvious magnet. A move above 0.3049 proves me wrong.
📌 My CYBER trade: short from 0.3012, stop at 0.3149, target 0.2738 (+9.1%, 1:2)
📊 24h Vol: $16.3M | 24h Chg: +17.7% | Funding: -0.0015%
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#CYBER #Analysis #Trading
A 33% surge in 7 hours put it up 18% on the day, so I took a closer look at the structure.
The break above 0.2895 was tiny (5.3%) and CYBER got rejected from 0.3049 straight away. That's not strength, that's buyers running out of steam.
Next stop for me is 0.2738. Nobody's touched it since the pullback $CYBER (26% of the leg), so it's the obvious magnet. A move above 0.3049 proves me wrong.
📌 My CYBER trade: short from 0.3012, stop at 0.3149, target 0.2738 (+9.1%, 1:2)
📊 24h Vol: $16.3M | 24h Chg: +17.7% | Funding: -0.0015%
Would you take this trade or sit it out? 👇
Follow for daily chart breakdowns 🔔
My opinion only. Not financial advice, do your own research.
#CYBER #Analysis #Trading
