$CITY /USDT 4H Trade Setup
Market Insight:
$CITY is showing strong bullish momentum with an 8.66% gain and recent price action holding above key moving averages. Volume is moderate, indicating healthy interest. The price is currently consolidating near resistance around $1.056.
Entry Zone:
Buy in the $0.98 – $1.01 range — this area aligns with support zones and moving averages (MA(5) & MA(10)) and offers a good risk-reward.
Targets:
$1.06 — near recent 24h high resistance
$1.12 — next resistance level and psychological round number
$1.18 — extended target if bullish momentum continues
Stop Loss:
Set a stop loss below $0.93 to limit downside risk, slightly below the recent swing low and strong support area.
Key Levels:
Support: $0.93, $0.95
Resistance: $1.056, $1.06, $1.12
Pivot: $1.00 (psychological and moving average confluence)
Pro Tip:
Wait for confirmation of a bounce from the entry zone with volume increase before entering. Watch for potential retracements to the $0.98–$1.01 zone as better entries rather than chasing the price above $1.06.