$CITY /USDT BEARISH RETEST – BULLS LOSING CONTROL ⚠️🏙️

$CITY is currently trading at $1.040, down -1.98%, and showing signs of weakness after failing to hold gains from its recent spike to $1.156. The structure suggests a bearish retest of previous support, now acting as resistance. 📉

🔍 KEY TECHNICAL LEVELS:

Current Price: $1.040

Resistance Zone: $1.050–$1.060 🔼

Major Resistance: $1.156 (24h high)

Support 1: $1.030 🛡️

Support 2: $1.023 (24h low)

CITY is trading in a tight descending channel, with rejection near resistance and low buying momentum. A break below $1.030 could trigger further downside. 📉

🎯 TRADE SETUP – SHORT ENTRY IDEA:

Entry Zone: $1.045–$1.055 ❌

Take Profit Targets:

TP1: $1.030

TP2: $1.010

Stop Loss: $1.062 ❌

Wait for rejection near resistance or confirmation of breakdown. Favor short setups unless bulls reclaim $1.060 with volume.

🛡️ RISK MANAGEMENT:

Risk 1–2% max. Respect your SL and don’t chase losses. This is a reactive play — protect your capital and trade with discipline. 💼📊

CITY LOOKS WEAK UNDER PRESSURE – TRADE SMART, TRADE SAFE! 🚫📉

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