$CYS Bullish Spike, But Watch for Pullback
CYS just made a strong +21% rebound from $0.26 To $0.34, showing a sudden surge in volume and volatility. The breakout candle pushed through the $0.32 resistance, but the long upper wick near $0.34 signals profit-taking pressure a potential early sign of a short-term reversal.
Currently, price is hovering around $0.323, with a clear liquidity trap near the highs. If momentum cools, sellers may step in to test lower supports.
๐ Short Sell plan
๐น Entry: $0.325 โ $0.335
๐น Take Profit (TP): $0.305 / $0.290
๐น Stop Loss (SL): $0.345
If candles close below $0.315, that confirms the bearish retracement phase.
โ ๏ธ Watch volume โ if it drops on green candles, momentum is fading fast.
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