CYBER/USDT Break a key area, Possible continue upward !!
Updated
💎 CYBER has recently encountered significant market dynamics. Presently, it is encountering resistance in its price movement.
💎 A successful breakthrough of this zone would facilitate an easier breach of the resistance trendline, probability leading to movement towards our target area.
💎 However, if CYBER fails to surpass this resistance and faces rejection, there is a possibility of a downward movement towards the support trendline.
💎 The support trendline holds significant importance, as a breakout above it would signal a bullish trend continuation. Conversely, if the support is breached, it could indicate a shift back to a bearish trend, with the next target being the strong demand area.
💎 The strong demand area has historically proven to be resilient, providing support for CYBER's price. A bounce from this area could signify a reversal in trend. Nevertheless, if CYBER breaks below this area, it would confirm a continuation of the downward movement, potentially leading to further declines.
💎 A successful breakthrough of this zone would facilitate an easier breach of the resistance trendline, probability leading to movement towards our target area.
💎 However, if CYBER fails to surpass this resistance and faces rejection, there is a possibility of a downward movement towards the support trendline.
💎 The support trendline holds significant importance, as a breakout above it would signal a bullish trend continuation. Conversely, if the support is breached, it could indicate a shift back to a bearish trend, with the next target being the strong demand area.
💎 The strong demand area has historically proven to be resilient, providing support for CYBER's price. A bounce from this area could signify a reversal in trend. Nevertheless, if CYBER breaks below this area, it would confirm a continuation of the downward movement, potentially leading to further declines.
Trade closed: target reached
Nailed it again - #CYBER is up 44.43%, right on cue!
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