$CYBER USDT (1D chart) is showing an extremely strong bullish breakout:
Price Action:
Massive surge from ~1.82 to 5.13 within one daily candle (+180% intraday move at peak).
Currently at 2.99, still +56% on the day.
Volume: Huge spike in trading volume, indicating strong buying interest and possibly FOMO.
RSI (6): Extremely overbought at 88, suggesting the rally is overheated and a pullback or consolidation is likely.
Moving Averages: Price is far above short-term MAs (MA5, MA10), confirming bullish momentum but also showing risk of a sharp correction.
Support/Resistance:
Key resistance: 5.13 (today’s high).
Immediate support: 2.70–2.80 zone (breakout area).
Stronger support: 1.82 (24h low).
📌 Summary:
Momentum is extremely bullish, but current RSI and candle size hint at potential retracement. High risk of volatility — good for short-term traders, but risky for late entries without tight stop-losses.
