Strong upward momentum above the $1.11 USD level 🚀📈
📊 Current price: $1.118 USD
📈 Change: +0.27%
🧠 Market overview:
The #CITY/USDT pair shows a breakout above the resistance level of $1.10 USD, with strong green candles confirming the upward trend. After testing its highs around $1.135 USD, the price is now consolidating above $1.11 USD.
⚙️ Technical analysis:
Buyers are defending the breakout area. As long as the $1.105 USD levels hold, bulls may attempt to re-test the $1.135 USD level and push higher.
📈 Trading setups (long):
• Entry zone: $1.110 USD - $1.115 USD
• Target: $1.135 USD
• Stop loss: $1.097 USD
✅ Why do we lean towards bullish?
Strong momentum, good consolidation after the breakout, and lack of significant rejection at the highs indicate the potential for price continuation.
🔑 Professional tip: Use a trailing stop loss after breaking above $1.125 USD to protect gains.
Buy and trade here at $CITY
#BullishMomentum #AppleCryptoUpdate #BinanceHODLerSTO #SaylorBTCPurchase