$CITY /USDT just gave a reminder that fan tokens can move on pure emotion.
Current price: 0.677
Up 6.78% in 24h
24h High: 0.740
24h Low: 0.617
Volume: 2.55M CITY traded (1.71M USDT)
The real drama happened at 0.740 — a sharp vertical push followed by an equally sharp rejection. That wick tells a story: excitement at the top, fast profit-taking right after.
On the 15m chart:
MA(7): 0.680
MA(25): 0.685
MA(99): 0.653
Price is hovering around the short-term averages, slightly below the 25 MA but comfortably above the 99. That means short-term momentum cooled off, but the broader intraday structure isn’t broken.
After the spike, CITY didn’t collapse back to the lows. It compressed around 0.67–0.69, building a base instead of bleeding out. That kind of stabilization after a blow-off candle is important — it shows sellers aren’t overwhelming buyers.
If 0.70–0.74 gets reclaimed with strength, this turns into continuation. If not, we’re looking at range-bound chop before the next emotional trigger.
Right now, it feels like the crowd is holding its breath — waiting for the next chant.