CYBER/USDT is exhibiting a bullish trend, with the price currently at $1.35, reflecting a 6.3% increase. The 24-hour high and low are $1.36 and $1.27, respectively.
Key Technical Levels:
Resistance: $1.36 – $1.40
Support: $1.27 – $1.28
Trading Strategies:
Breakout Entry: A move above $1.36 could signal further upward momentum.
Pullback Entry: Buying near the $1.28-$1.30 range, with stops below $1.27, may offer a favorable risk-reward ratio.
Target Levels:
Target 1: $1.40
Target 2: $1.45
Target 3: $1.50
Market Outlook:
CYBER is recovering strongly from a retest of key support. If this momentum continues, a bullish breakout is imminent. Monitoring trading volume will be crucial to confirm this potential move.
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.*