$CYBER 🚀 $CYBER ALERT: Oversold or Falling Knife? 📉
The charts are screaming, and CYBER is at a critical crossroads! After a sharp -10.27% drop, we are seeing some intense technical signals that every trader needs to watch.
📊 Technical Deep Dive:
Price Action: Currently sitting at $0.5897. We’ve seen a heavy rejection from the $0.6725 level, sliding right through the MA(7) and MA(25).
RSI (6): Sitting at 15.03! This is deep into Oversold territory. Usually, an RSI this low suggests a relief bounce is overdue, but in a heavy downtrend, it can stay "embedded" low.
Stochastic RSI: At 0.78, we are touching the floor. The momentum is maxed out to the downside.
MACD: Showing strong bearish divergence with the histogram growing darker red. The bears are firmly in control for now.
🎯 Key Levels to Watch:
🟢 Support: $0.5871 (Recent low). If this breaks, we could see a fast slide to the next psychological level.
🔴 Resistance: $0.5977 (MA7) and $0.6317 (MA25). We need a candle close above these to flip the script.
💡 Trading Strategy:
The market is showing Extreme Fear right now. While the RSI suggests a "Buy the Dip" opportunity for a scalp, the MACD says wait for a reversal candle.
Are you Longing the bounce or Shorting the breakdown? 👇 Let me know your move in the comments!
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