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CYS has recently exhibited interesting technical features. After breaking through a new high of 0.458, the 15-minute chart began to show clear signs of a pullback. The magnitude of this breakout was relatively moderate, and market participation does not seem as strong as expected.
From a capital perspective, such a small new high may reflect limited momentum from market makers—more like creating a false breakout to attract follow-up buying. Once retail investors finish taking positions, the subsequent downward pressure could be quite fierce.
At this stage, some traders choose to short on rallies, setting stop-loss points above 0.465 to avoid being caught in a false breakout. From a technical perspective, the first target is around 0.415, with further downside support levels at 0.39 and 0.347. If a breakdown occurs, the potential decline space remains considerable. Of course, such high-leverage directional operations require strict risk management.