CyberConnect (CYBER), which exploded last week and increased by 350 percent, cannot resist the sales pressure.
Launched with Binance Launchpool, CYBER did not catch great excitement in the first days of its listing, but later became a favorite of the market. CYBER, which gained 350 percent in value in just a few days, created an incredible volume on both the forward and spot side. However, with the decrease in enthusiasm for the coin and the release of BTC, CYBER continues to lose blood.
CyberConnect (CYBER) chart evaluation
CYBER, where sharp sales started at $7.40, fell to $5.36 in just a few days. The coin, which lost a total of 30.28 percent of its value, has lost its cool. CYBER, which gathered on the majority of the money in the market last week and recorded great increases on the forward and spot side, is now trying to hold on to $ 5.47.
If $5,473 holds as support and buyers take hold of the ropes again, target support levels for CYBER will be 5.67 – 5.87 – 6.04 – 6.36 – 8.33 – 7.37 and 7.91 dollars, respectively. Failure of $5.36 to act as minor support may open the door to declines to $5.12 and $4.89.
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