$CITY is currently trading close to the lower Bollinger Band at 0.818.
This suggests potential for a bounce, yet a break below would indicate further weakness.
The recent price change of -0.241% signals slight bearish sentiment.
With resistance at 0.846 and support at 0.818, maintain a watchful approach.
Volatility appears to be contracting, suggesting that a breakout may be imminent.
Consider placing a stop-loss around 0.815 to manage risk.
Recommendation: wait for clearer signals before entering a trade, and set alerts around key levels.
