$CYS USDT Perpetual Technical Analysis (15m)
Current Price: 0.2441
24h Change: -20.05%
Trend: Strong bearish momentum
Price Action
CYS has experienced a sharp sell-off from the 0.35 area, breaking multiple support levels in a short time. The move shows a clear bearish impulse with strong red candles, indicating aggressive selling pressure. Current price action suggests weak demand and only minor relief attempts.
Moving Averages
MA 7: 0.2475
MA 25: 0.2994
MA 99: 0.3147
Price is trading below all key moving averages. MA 7 is acting as immediate resistance, while MA 25 and MA 99 are far above current price, confirming a strong bearish trend and loss of bullish structure.
Support Levels
0.2380 to 0.2330 immediate support zone and recent low
0.2270 next support if selling continues
Below 0.2270, downside risk increases significantly
Resistance Levels
0.2500 to 0.2550 immediate resistance
0.2800 next resistance zone
0.3000 major resistance aligned with MA 25 and prior structure
Volume
Sell volume expanded heavily during the breakdown, confirming strong distribution and panic selling. Recent lower volume suggests selling pressure may be slowing, but no clear reversal signal yet.
Outlook
As long as price remains below 0.2550, bearish control remains dominant. Short-term bounces are likely to face rejection at resistance levels. A sustained hold above 0.2800 would be required to shift bias toward recovery, which currently looks less likely.
Bias
Strong bearish
Any bounce should be treated as a corrective move unless key resistance levels are reclaimed

