🚨 $CYS — SHORTS JUST GOT HIT
A $1.3355K short liquidation landed at $0.98127 on $CYS. When leveraged shorts are forced to close, the market can become highly reactive, especially if buyers start defending the liquidation area.
Support 🛡️
$0.9800 — immediate zone
$0.9500 — key downside level
Resistance 🧱
$1.0000 — psychological barrier
$1.0250 — breakout level
$1.0500 — major upside zone
Next Target 🎯
$1.0000 → $1.0250 → $1.0500
Trade Setup 📊
Entry Zone: $0.9750–$0.9900
Target 1: $1.0000
Target 2: $1.0250
Target 3: $1.0500
Stop Loss: $0.9450
Pro Tip 💡
Watch the $1.00 level closely. A clean break and hold above it with stronger volume could open the path toward $1.0250 and $1.05. If price loses $0.95, the bullish setup weakens significantly.
The liquidation is a volatility signal, not confirmation of a guaranteed reversal. Let price confirm the move before chasing.
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