$CITY $CITY

Analysis of CITY/USDT Chart with Trade Scenario

The CITY/USDT pair on Binance, shown on a 1-hour timeframe, is currently trading at 2.153 USDT, reflecting a 0.61% increase. The 24-hour high is 2.210 USDT, and the 24-hour low is 2.017 USDT. The 24-hour trading volumes are 1.21 million CITY and 2.59 million USDT.

Trade Scenario:

- Entry Point: Consider entering a long position at the current price of 2.153 USDT, leveraging the recent price increase and consolidation.

- Stop Loss: Place a stop loss below the support level at 2.100 USDT to manage risk.

- Take Profit: Target the next resistance level at 2.210 USDT for potential profit.

The chart indicates a strong bullish momentum with a recent breakout, suggesting further upward movement. Monitoring volume and price action is crucial to confirm the trend.

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