MyCryptoParadise

CYBER/USDT Break a key area, Possible continue upward !!

BINANCE:CYBERUSDT   CYBER / TetherUS
πŸ’Ž CYBER has recently encountered significant market dynamics. Presently, it is encountering resistance in its price movement.

πŸ’Ž A successful breakthrough of this zone would facilitate an easier breach of the resistance trendline, probability leading to movement towards our target area.

πŸ’Ž However, if CYBER fails to surpass this resistance and faces rejection, there is a possibility of a downward movement towards the support trendline.

πŸ’Ž The support trendline holds significant importance, as a breakout above it would signal a bullish trend continuation. Conversely, if the support is breached, it could indicate a shift back to a bearish trend, with the next target being the strong demand area.

πŸ’Ž The strong demand area has historically proven to be resilient, providing support for CYBER's price. A bounce from this area could signify a reversal in trend. Nevertheless, if CYBER breaks below this area, it would confirm a continuation of the downward movement, potentially leading to further declines.
Trade closed: target reached:
Nailed it again - #CYBER is up 44.43%, right on cue!


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