$CYBER
/USDT Technical Analysis & Trade Signal:
Current Price: $4.88 (up +5.57% in the last 24 hours)
Trend: Bullish momentum observed with recent price rise.
Support Level: $4.424 (24h Low) – Strong support zone.
Resistance Level: $4.903 (24h High) – Key resistance area.
Trade Signal:
Buy Signal: Consider entering a position at current price ($4.88) or on a pullback to support at $4.576.
Target Levels:
Target 1: $4.92 – Near resistance, break above this level could trigger further upside.
Target 2: $5.05 – Next significant resistance level.
Target 3: $5.20 – Potential extended target if bullish momentum persists.
Momentum:
Bullish Momentum: The price is above the 24h moving average, indicating upward pressure. RSI is likely to be in neutral to overbought territory, suggesting that while the trend is bullish, caution is advised.
Sell Signal: A break below the support at $4.424 would indicate a potential reversal, so consider taking profits or placing a stop-loss near this level.
Risk Management: Keep a stop-loss just below $4.42 to protect against downside risk.
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