đ $CITY /USDT: A Strategic Buy Opportunity or a Warning Sign? đš
$CITY token has taken a hit today, currently trading at $1.828, down 10.48% over the last 24 hours. Is this a potential recovery play or a signal to proceed cautiously? Letâs dive into the details and set targets! đŻ
đŻ Targets to Monitor:
1ïžâŁ Target 1: $1.90 â Immediate Resistance for Short-Term Reversal
2ïžâŁ Target 2: $2.00 â Key Psychological Level and Recovery Zone
3ïžâŁ Target 3: $2.06 â Previous Dayâs High
Market Overview:
24H High: $2.065
24H Low: $1.750
24H Volume: 2.11M ($CITY ), 4.11M (USDT)
Trading Plan:
Quick Scalpers: Look for rebound trades between $1.80 and $1.90 for quick profits.
Swing Traders: Breakout above $2.00 could open doors to $2.06 and beyond.
Stop-Loss: To manage risk, consider placing stop-losses below $1.75.
đĄ Pro Tip: Combine volume analysis with RSI to gauge the strength of a potential reversal.
đŹ Your Move: Will you take advantage of this dip to position for potential gains, or wait for a confirmation of trend reversal? Share your thoughts below! đ