$CITY $CITY

The chart for the $CITY /USDT pair on the Binance platform showcases critical data points and technical indicators.

Professional Analysis

Support and Resistance Levels:

- **Support Levels:**

- 2.098 USDT (24-hour low)

- 2.017 USDT (recent low on the chart)

- **Resistance Levels:**

- 2.250 USDT (24-hour high)

- 2.262 USDT (previous high on the chart)

#### Entry Signal:

- **Entry Point:** Consider entering a long position if the price breaks above the resistance level of 2.250 USDT with strong volume. This breakout could indicate a continuation of the upward trend.

#### Stop Loss:

- **Stop Loss Level:** Set a stop loss just below the recent support level at 2.017 USDT to minimize potential losses if the trade goes against the position.

#### Take Profit:

- **Take Profit Level:** Aim for a take profit level around the next significant resistance at 2.262 USDT. If the price shows strong momentum, consider trailing the stop loss to lock in profits as the price moves higher.

### Summary

The chart shows a bullish trend with the price currently above all three moving averages (MA(7), MA(25), and MA(99)). The recent price action indicates a potential breakout above the resistance level of 2.250 USDT. Traders should watch for a confirmed breakout with strong volume before entering a long position, setting a stop loss below the recent support level, and aiming for a take profit at the next resistance level.

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