⚽ $CITY (USDT) — Momentum Breakout Analysis
Bias: Bullish / Long 📈
Status: Accumulation near Breakout Zone
Manchester City Fan Token ($CITY) is currently exhibiting tight price consolidation just below a major breakout confirmation level. We are seeing aggressive buying on shallow retracements, suggesting that market participants are positioning for an expansion move.
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Level Type Price Target
Entry Zone 0.670 - 0.680
Confirmation 0.695
Invalidation 0.620
🎯 Profit Targets (TP)
Target 1: 0.720 (Initial Liquidity)
Target 2: 0.780 (Structural Resistance)
Target 3: 0.860 (Major Supply Cluster)
🔍 Technical Commentary
Momentum Building: The price structure remains constructive. Sustained acceptance above 0.685 serves as the early trigger for a move toward the first target.
Liquidity Gap: Once the price clears the 0.720 level, there is a notable lack of resistance, opening the door for a rapid extension toward 0.780 and 0.860.
Risk Management: The setup remains valid as long as the price stays above the 0.620 support floor.
Trader's Note: Let the momentum confirm the expansion. High-volume acceptance above the confirmation level is key for a high-probability trade.
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