$CYS / USDT (Perp) Analysis
Current Price: $0.4463
24H Change: -10.42%
Recent Low: $0.4059
Trend: Recovery Attempt 🟢 (Post dump bounce)
Support: $0.432 | $0.418
Resistance: $0.453 | $0.467
Analysis:
CYS dropped sharply to $0.4059 and then showed a strong V-shaped recovery with bullish momentum candles reclaiming Supertrend support. Price is now pushing into the $0.45 resistance zone, where sellers previously dominated. Short-term structure shows higher lows, indicating a potential trend reversal if momentum sustains.
Next Move:
Holding above $0.432 keeps bullish continuation valid toward $0.453. A breakout above $0.453 may open the path toward $0.467 resistance. However, rejection from this zone could lead to consolidation or a retest of $0.418 support.
Bias turns bullish while price holds above $0.418.
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