$CYS — how I see it, honestly
That dump was heavy. Structure is broken and this bounce feels more like RSI relief than real buying.
Most likely scenario:
Price bounces a bit, runs into resistance, then sellers step in again. As long as we’re below MA25 / MA99 and the bounce has weak volume, I’d rather sell strength than buy dips.
Another possibility:
We just go sideways for a while between the low and resistance. In that case, there’s no real edge — just noise.
Reversal scenario:
I’m not buying the reversal story unless price reclaims ~0.26, holds above it, and volume actually comes in. Until then, longs feel early.
I’m not chasing here.
If I trade it, I wait for a bounce and see if it gets rejected.
Patience > forcing a trade.
