$CITY /USDT Trading Signal - Testing Support Levels

Current Price: $1.857

24H Range: $1.839 - $2.048

Analysis:

CITY has experienced a 6.16% decline in the last 24 hours, reaching the lower range of its support at $1.839. The price is trading below the EMA(7), EMA(25), and EMA(99), highlighting strong bearish momentum. However, a potential bounce from $1.839 could signal a recovery attempt.

Potential Setup:

Entry Zone: $1.840 - $1.870

Targets:

Target 1: $1.900

Target 2: $1.930

Target 3: $1.980

Stop Loss: $1.820

Observation:

The $1.839 support is critical for determining the next move. If CITY breaks below this level, further downside is expected. However, a recovery above EMA(7) at $1.867 could confirm a bullish reversal.

Actionable Advice:

Look for bullish confirmation before entering a position.

Adjust stop loss to secure gains if the price approaches the targets.

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