CYS has recently been falling quite sharply, and many people are asking about the reasons. From a technical perspective, the signals are quite clear — short-term bears have completely taken control of the situation.

Looking at the 15-minute candlestick chart makes it obvious. Out of the last ten candles, seven are bearish, and quite a few have bodies exceeding 60% (like the 4th and 6th candles), indicating that the selling pressure is not just bluffing; there are real people dumping.

Interestingly, the volume performance shows a pattern. During the decline, volume often increases (as seen in the 1st, 3rd, and 6th candles), but as soon as a rebound occurs, the volume immediately diminishes (you can see this in the 10th candle). This is a typical volume-price divergence, reflecting that the bulls are actually running out of strength, and the bearish momentum has not yet been fully released.

For traders looking to operate: the current price is around 0.3604. If you are aggressive, you might consider shorting lightly when the price rebounds to the 0.365 to 0.368 resistance zone. More conservative traders should wait until the rebound signals are clearer before taking action.

The key support level below is around 0.355. If this level is broken with increased volume, there could be even larger declines ahead. Those going long should definitely set stop-loss orders and avoid holding through heavy drops.

Finally, a reminder: such popular coins are especially influenced by overall market sentiment and sector rotation. No matter how good the technical signals are, they can't withstand major market reversals, so always control your position size and strictly follow risk management rules.