$CYBER
#Entry
**Wait for confirmation at 2.465 support** before entering long. If price holds at this level with bullish candle patterns, consider entering with tight stop loss below.
Support and Resistance Levels
- **Immediate Support**: 2.465 (24h low)
- **Strong Support**: 2.087 (EMA 99)
- **Immediate Resistance**: 2.562-2.579 (EMA 25 & 7)
- **Next Resistance**: 2.755 (24h high)
- **Major Resistance**: 2.998, 3.839, 4.680 (from the "More" column)
## Profit Targets
1. **Target 1**: 2.562 (EMA 25) - First take profit level (≈4% gain)
2. **Target 2**: 2.755 (24h high) - Second take profit level (≈11.7% gain)
3. **Target 3**: 2.998 - Major resistance level (≈21% gain)
## Stop Loss Placement
- **Initial Stop Loss**: 2.400 (below recent low)
- **Trailing Stop**: Move to breakeven if price reaches 2.562, then trail below EMAs
## Risk Management
- The extremely oversold indicators (RSI, %R) suggest potential for reversal
- Volume shows decent activity (3.96M CYBER / 10.15M USDT)
- The stochastic indicators show K (8.354) below D (11.867), which is typically bearish but in oversold conditions may precede a reversal