📉 $CYBER Short Setup: Fading the Rejection Cyber is showin

📉 $CYBER  Short Setup: Fading the RejectionCyber is showing signs of local exhaustion, trading near $0.58. Despite recent social-layer hype, the price remains pinned below the 200 #day SMA $1.20, signaling a dominant downtrend.
CYBERUSDT
Διην.
0.5615
-6.15%
📊 The Setup
 * Entry Zone: Look for shorts between $0.59 – $0.61, targeting the rejection at the R1 resistance.
 * Targets: Take profit at $0.56 (S1 support) and $0.54.
 * Stop-Loss: A 1H close above $0.63 invalidates the bearish bias.
Professional Thought: While the $20M treasury buyback provides long-term support, the short term structure is weak. Fading these low volume rallies is the high probability play until major averages are reclaimed. $KITE $GUN 