$CITY /USDT ā Fan Token Regains Ground, But Can It Break Out? šÆā½
CITY is showing early signs of recovery after bouncing from the local bottom at $0.970. Currently trading at $1.043 (+1.07%), the price is testing the 7MA ($1.038) but still faces pressure from the 25MA ($1.072) and 99MA ($1.083), both acting as overhead resistance.
The short-term trend remains neutral-to-bearish unless price reclaims the $1.08ā$1.10 range with volume confirmation. Until then, CITY is best approached with tight risk management.
š Trading Guide:
Entry (Low Risk): $1.03ā$1.04 (with stop below $1.00)
Breakout Entry: Above $1.085 (close with volume)
Target 1: $1.100
Target 2: $1.140
Stop Loss: $1.000 (mental stop or hard SL)
š” Volume is key. Without a breakout over the 99MA, sideways movement may persist.
#CITY #FanToken #BinanceTrading #CryptoSetup #TechnicalOutlook $CITY