$CYBER – High volatility, a short-term pullback may occur%
$CYBER surged from $1.830 to a 24-hour high of $5.330, leading to a stunning movement of +60%. However, the sharp decline to the $3.08 area indicates significant profit-taking after the parabolic rise. The price is now consolidating within a tight range, and unless buyers reclaim $3.20 or more, the risk of further decline remains.
Short entry area: $3.08 – $3.15
Stop loss: above $3.25
Targets:
TP1: $2.95
TP2: $2.75
TP3: $2.50 if selling pressure increases
Momentum traders should remain cautious - extreme volatility may lead to sudden spikes in either direction.