$CYS +3.6%: Bullish 1H structure, but this rally needs a pullback before continuation
My bias remains bullish on the 1H, but this is still a counter-trend rally against bearish daily and weekly structures. I’m not chasing the +3.6% spike into the 0.1811 area. The better setup is a controlled pullback followed by lower-timeframe confirmation.
Price is pushing into supply around 0.1811–0.1844 with RSI stretched and participation elevated. I’m watching 0.1762 first, followed by the deeper 0.1680 demand zone.
Long setup: Entry zone: 0.1762–0.1680 Confirmation: Liquidity sweep + bullish engulfing/pin + 5–15m structure shift TP1: 0.1811 TP2: 0.1844 TP3: 0.1895 Invalidation: 1H close below 0.1598
Flow: OI $3.8M (+3.1% 24h) | Funding +0.0071% | Taker 0.97x
The bullish setup remains valid while 0.1598 holds, but this move is already extended. I want a reset, confirmation, and then continuation — not FOMO at the highs.
Not investment advice. Educational report only.
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