$CYBER has recorded a strong breakout, surpassing the $2.32 resistance level on impressive trading volume. With the current momentum, the short-term target for the asset is expected to reach $5.94, although this will depend on Bitcoin's ability to sustain the uptrend. If the market continues to support, the growth of $CYBER will have strong potential.
However, the continuation of this trend will not be possible without support from Bitcoin. If the king of cryptocurrencies maintains its recovery momentum, altcoins like CYBER may continue to benefit from the overall market momentum. Investors should closely monitor Bitcoin's developments and other macro factors to make appropriate trading decisions.
In the past, CYBER recorded a 690% increase, indicating a strong breakout potential in the next bull run.