$CYBER /USDT – Bullish Momentum Outlook
Support Level: $2.18 (intraday low)
Resistance Level: $2.30 (intraday high)
Fibonacci Analysis:
The price is currently testing the 61.8% retracement level at $2.25. A strong move above this point could indicate the continuation of the upward trend.
Key Price Zones:
Support at $2.18
Resistance at $2.30
Extension targets at $2.50, $2.75, and $3.00 (Fibonacci extensions)
RSI (14):
Value: 57.88
Interpretation: Neutral territory, showing a balance between buyers and sellers. This suggests there’s room for further upward momentum without the asset being overbought.
Entry Suggestions:
Safer entry near $2.18 with confirmation of support holding
More aggressive entry is near $2.25 once there’s a confirmed breakout with strong volume
Take-Profit Levels:
TP1: $2.50
TP2: $2.75
Stop-Loss Recommendations:
Conservative: Below $2.10 to protect against downside
Tight: Just below $2.18 to limit risk exposure
