$CITY – BEARISH PRESSURE BUILDING ⚠️
$CITY /USDT faced repeated rejections near $1.11–$1.12 and has slipped back to $1.085 after failing to hold intraday gains. The chart shows lower highs forming after the $1.118 peak, signaling weakening bullish momentum. Price is struggling to stay above $1.08 support, and a breakdown below $1.075 could invite more selling pressure.
Bearish Setup:
Entry Zone: $1.085 – $1.090
Target 1: $1.070
Target 2: $1.050
Stop Loss: Above $1.115
Failure to reclaim $1.10 strengthens the bearish outlook, with sellers aiming for deeper retracements toward the $1.05 zone.