$CITY
/USDT - Technical Analysis🔥💯
Current Price: $1.956
Trend: Mild Bullish (Consolidating)
Support: $1.921 (24h Low)
Resistance: $2.013 (24h High)
RSI (Relative Strength Index): Neutral, indicating potential for further movement or consolidation.
MACD: Mildly bullish (suggesting momentum may lean toward upward).
Volume: Good trading volume observed (507,435.97 CITY), supporting current price movements.
Trade Signal & Targets:
Entry Price: $1.950 - $1.960
Target Levels:
1. Target 1: $2.020 - Expect a resistance push here.
2. Target 2: $2.060 - Watch for breakout confirmation beyond this level.
3. Target 3: $2.100 - Potential bullish run if momentum continues.
Stop Loss:
Stop Loss: $1.910 (below support level for risk management)
Momentum:
Trade Momentum: Bullish short-term with potential for consolidation. Look for breakouts past resistance levels for confirming continued uptrend.
This analysis assumes no drastic external market conditions; always use stop losses for risk management.