đš CITY/USDT Technical Outlook (4H Chart) đš
I'm spotting a bull flag pattern on CITY â and it looks like the consolidation phase is nearly over. The correction seems to be complete, and a strong breakout may be just around the corner. đ
đč Bull Flag Structure: Clear flagpole formed at 1.140 followed by a tight downward consolidation.
đč Bollinger Bands: Bands are narrowing â a sign of incoming volatility. Price is near the lower band, indicating a possible bounce.
đč Stoch RSI: Deep in oversold territory. Reversal may be imminent.
đč MACD: Flat and tight â the calm before the storm?
đč RSI(6): Hovering near 46. A push above 50 would confirm momentum.
đ If CITY breaks the flag to the upside with volume, we could see: âą TP1: 1.05 â 1.10
âą TP2: 1.20 â 1.25
Iâm expecting a strong move soon â patiently watching for confirmation. â
đ Spot trade only. Not financial advice.