CITYUSDT (Manchester City Fan Token) has built a recognizable falling wedge pattern, a reliable bullish reversal formation that’s taking shape after a corrective phase. Price is narrowing between descending resistance and rising support trendlines, indicating diminishing selling pressure and growing potential for a breakout.
Despite the downtrend, trading volume has held steady—suggesting accumulation rather than capitulation, and a base forming for an upcoming move. Historically, breakouts from falling wedges are followed by strong upside surges, and the expected payoff here is estimated at 40% to 50%+, a compelling risk-to-reward setup for swing traders.
What's noteworthy is the shift in broader sentiment. CITYUSDT has shown recent strength, outperforming the broader crypto market with a weekly gain of over 10% and growing technical buy signals across moving averages and momentum indicators. This shift aligns technically with the wedge formation and supports the case for a breakout.
If you're watching for breakout candidates in the mid-cap crypto space, CITYUSDT’s setup combines clean structure, healthy volume, and improving market psychology into one actionable package.
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Despite the downtrend, trading volume has held steady—suggesting accumulation rather than capitulation, and a base forming for an upcoming move. Historically, breakouts from falling wedges are followed by strong upside surges, and the expected payoff here is estimated at 40% to 50%+, a compelling risk-to-reward setup for swing traders.
What's noteworthy is the shift in broader sentiment. CITYUSDT has shown recent strength, outperforming the broader crypto market with a weekly gain of over 10% and growing technical buy signals across moving averages and momentum indicators. This shift aligns technically with the wedge formation and supports the case for a breakout.
If you're watching for breakout candidates in the mid-cap crypto space, CITYUSDT’s setup combines clean structure, healthy volume, and improving market psychology into one actionable package.
✅ Show your support by hitting the like button and
✅ Leaving a comment below! (What is your opinion about this Coin)
Your feedback and engagement keep me inspired to share more insightful market analysis with you!
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🟢🟢🟢Join Our Telegram Here to Get Trades With Entry And Exit 🟢🟢🟢
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🟢🟢🟢
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🟢🟢🟢
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.