Cysic (CYS) – Technical & On-Chain Breakdown

Current Price: $0.38026

24h Change: -8.09%

Market Cap: $61.15M

FDV: $380.26M (⚠️ ~6.2x MC → large unlock risk)

Liquidity: $1.43M (low relative to MC)

Holders: 8,244

Volume: 19.48M

MA(5): 16.42M

MA(10): 76.30M

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📊 Price Structure Analysis

🔴 Major Resistance Zones

$0.491 – $0.589 → Heavy distribution zone

$0.393 → Immediate resistance (just above current price)

Price rejected from higher resistance and is now sitting right above breakdown level.

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🟢 Support Zones

$0.295 → Strong support (previous base)

$0.196 → Major demand zone

Sub $0.20 → Panic / capitulation area

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📉 Momentum & Volume Insight

Volume (19.4M) is above MA(5) but far below MA(10)

This shows:

Short-term selling pressure active

But overall momentum cooling compared to earlier spike

-8% drop suggests continuation after rejection

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⚠️ Risk Factors

1. FDV 6x higher than MC → Significant token unlock overhang

2. Liquidity only $1.43M → Price can move aggressively

3. Still below key resistance at $0.393 → Weak structure

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📌 Scenario Outlook

🐻 Bearish Case (Higher Probability Currently)

If $0.38 loses: → Quick move to $0.295

→ Below that = $0G .20 zone

🐂 Bullish Recovery Case

Must reclaim: → $BTC 0.393

→ Then break $0G .49 with volume

Without that, rallies likely sold.

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🎯 Short-Term Bias: Bearish to Neutral

Trend is corrective unless price reclaims $0.39–0.40 strongly.

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