📉 CITY Short Opportunity Analysis (4-Hour Chart)
$CITY Current trading price $0.638, has broken below the $0.650 support zone. The price structure shows a continued series of lower highs, encountering strong rejection at $0.68, with bears regaining control of the market.
⚡ Trading Reference (for reference only, do your own research)
Shorting Range: $0.635 – $0.650
Stop Loss: $0.670
Target Range:
TP1: $0.620
TP2: $0.600
TP3: $0.560
📊 Market Reminder
As long as the price remains below $0.660, the likelihood of a continued downtrend to lower demand zones remains significant.
💡 The bearish trend is evident, operations should be cautious, and risk management should be noted!