$CYBER is currently experiencing a downward trend, evidenced by a 1.551% drop over the past 24 hours and trading between 1.278 and 1.416. The Bollinger Bands suggest a tight range, indicating potential volatility as the price approaches support at 1.278. With resistance near 1.38, the market's overall weakness suggests cautious trading. Macroeconomic factors, like inflation data and regulatory news, are likely contributing to market sentiment, although Bitcoin's correlation with CYBER remains undefined. Traders may benefit from a short-term strategy to navigate volatility, focusing on breakouts near key levels. Key takeaway: monitor critical resistance and support levels closely for potential trading signals.

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