$CYS After a single-day surge of 68%, the price is currently cooling and consolidating at a high level. This is a typical profit-taking and healthy reset, not a top structure. The market shows that buying pressure continues to absorb selling pressure at key support levels, and the open interest remains stable, indicating that major funds have not exited.
🎯 Direction: Long
🎯 Entry: 0.320 - 0.335
🛑 Stop Loss: 0.295 (rigid stop loss, if this level is broken, the structure will fail)
🚀 Target 1: 0.400
🚀 Target 2: 0.450
The massive increase of $CYS accompanied by rising open interest is a characteristic of major entry. The current price has entered a narrow consolidation after the breakout, with lower highs gradually forming a flag or triangle convergence. Each pullback on the LTF is quickly bought back, indicating that market sentiment still leans towards bullish. As long as it does not break below the previous breakout platform (stop loss level), the probability of continuing upward after this consolidation structure is higher. This is a typical momentum continuation strategy, using small stop losses to bet on the second acceleration of the trend.
Trade here 👇 $CYS
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