CYBER/USDT If the retest is valid, Potential CYBER Continue Up!

💎 CYBER has been a focal point in the market recently. At present, CYBER is undergoing a retesting phase at a crucial support level, which previously acted as a resistance barrier. This phase follows a successful breakout from the resistance level.

💎 Should this retesting prove valid, CYBER is expected to bounce off the support and embark on an upward trajectory, probability reaching the bearish OB area as its next target.

💎 However, there's a risk that CYBER might repeat its earlier pattern of a false breakout. Such a scenario would indicate a loss of bullish momentum, potentially leading to a reversal in the price movement towards the bullish trend support. A breach of this support trendline would leave the demand area as CYBER's last line of defense.

💎 The demand area holds significant importance in this context. For CYBER to resume its upward journey, the asset must bounce back from this zone and reclaim its position above the support area. Historical data suggests that the demand area has been robust in preventing further declines. Yet, should this area fail to hold, it would signal a bearish turn for CYBER, opening the possibility for a further descent to lower levels.

Trade closed: target reached:

#CYBER’s 49.32% rise? Called it!