$CYBER BEARISH BREAKDOWN: SHORT SETUP AFTER FAILED RECOVERY
After a sharp decline marked by consecutive red 15-minute candles, $CYBER attempted a weak bounce that failed to reclaim key resistance near the 1.85–1.87 zone. The latest green candle shows hesitation, not strength—suggesting sellers remain in control. Volume confirms this bias: despite a slight uptick in price, buying pressure remains low compared to the earlier sell-off. This sets the stage for a continuation move downward.
Price is now consolidating below the 15m EMA cluster, with no bullish divergence on RSI or MACD. The structure resembles a bear flag, and unless volume spikes with a breakout above 1.86, the path of least resistance is down. Traders should prepare for a short continuation setup targeting the next liquidity zones.
SHORT ENTRY ZONE: 1.82–1.84
TP1: 1.76
TP2: 1.70
TP3: 1.63
SL: 1.87 (above failed breakout zone)
Risk Management: Use 1–2% of account per trade. Avoid chasing breakdowns—wait for confirmation candle below 1.80 with volume. Adjust SL if volatility spikes.
