CITYUSDT Forming Falling WedgeCITYUSDT (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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