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$CYS Going long from 0.41, current price 0.44, floating profit 400🔪, still holding.
Why dare to go long?
CYS at 0.41 is the lower end of the previous dense trading zone, it can't fall further. Volume has shrunk to minimal levels, selling pressure has exhausted. Space above opens up, the first resistance around 0.046 has already been broken, next target is above 0.050.
How is it now?
From 0.41 to 0.44, about an 8% increase, floating profit 400🔪. The rise isn't violent, but steady, with no significant pullback.
What to do now?
Keep holding. First target 0.46, second target 0.50. Current price 0.44, about 1% away from the first target, still room to grow.
Whale's approach:
Don’t stop loss, don’t add positions, let profits run. When a 5% pullback occurs, floating profit will shrink significantly, so stop loss must be maintained. Current floating profit 400🔪, breakeven stop loss can be moved above the entry price.
First target 0.46: take profit at 50%, lock in gains.
Second target 0.50: take profit at 40%, leave 10% for potential upside.
If around 0.46 there’s a volume spike with stagnation or long upper shadows, close all positions immediately, no hesitation.
Overall, long from 0.41, current 0.44, floating profit 400🔪.
First target 0.46, second target 0.50.
Hold on, when the target is reached, close the position.
#伊朗拒绝美国和平方案 #山寨币资金回流 $CYS