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$CYS Struggling on the brink of life and death! Price at 0.3752 closely follows the downtrend line at 0.3747, with bulls and bears fiercely contesting! 🔥
The bearish trend starting from 0.3718 has been running for 46 candles. Although the price rebounded by 2.18% from the low, the MACD shows strong divergence, with momentum rapidly diminishing by over 90%! ⚠️
Currently, the price is only 0.12 above the trend line, which is within the noise range of one ATR. Is this rebound a false breakout or the start of a reversal? Strong resistance above at 0.3798, the last line of defense for the bears!
**Status: The bearish trend continues, but warning signs appear—be alert for a trend reversal!** Is it a short squeeze or a reversal play? Waiting for you in the comments! 👇