📉 CYS Update | Short-Term Bearish
CYS is currently trading around $0.273, showing -5.56% decline.
🔍 Technical Overview (15m):
Price is below MA(7), MA(25) & MA(99) → bearish structure
RSI ~29 → near oversold zone
Volume is decreasing → weak buying pressure
📌 Key Levels:
Support: $0.268 – $0.265
Resistance: $0.278 – $0.285
📊 Bias:
Short-term trend is bearish
Possible small bounce if support holds (RSI oversold)
Breakdown below $0.268 can lead to further downside
⚠️ Trade Idea:
Conservative traders: Wait for confirmation
Aggressive traders: Scalp short below resistance
Always use stop-loss
