📉 $CYBER
Short Setup: Fading the Exhaustion
Cyber ($CYBER) is showing signs of local exhaustion. Despite the noise surrounding its social-layer expansion and the $20M treasury buyback, the price action remains trapped under the 200-day SMA ($1.20). This confirms that the macro downtrend is still very much in control.
Fading these low-volume rallies remains the high-probability play until we see a structural shift.
📊 The Trade Plan
Entry Zone: $0.59 – $0.61 (Shorting into R1 resistance rejection)
Targets: * TP1: $0.56 (S1 Support)
TP2: $0.54
Stop-Loss: 1H Candle Close above $0.63 (Invalidates the bearish bias)
🔍 Analysis Insight
The market is currently seeing a "sell the news" reaction. While the buyback provides a long-term floor, the immediate structure is heavy. We are looking for a continuation of the rejection at these levels as liquidity is swept lower.
Watch closely: A failure to hold $0.58 likely accelerates the move toward our primary targets.
By: Nabiha Noor
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