$CITY shows a slight decline of -0.116% in the last 24 hours.
Prices fluctuated between a high of 0.886 and a low of 0.857.
With the Bollinger Bands indicating upper resistance at 0.884 and lower support at 0.859, prices are hovering near critical levels.
The prevailing downtrend suggests weak momentum.
Macroeconomic factors like inflation data and regulatory news may create additional pressure.
Currently, Bitcoin's influence on CITY remains undefined, limiting correlation analysis.
Traders may consider a short-term strategy given the current volatility.
Key takeaway: Watch support at 0.857 closely; a breach could signal further downside.
