Summary
• Price traded between 0.605–0.635 in 24 hours, forming multiple 5-minute bullish and bearish engulfing patterns.
• Momentum showed signs of waning by close with RSI hovering near neutral 50, no overbought or oversold signals.
• Volatility expanded during midday trading, with price frequently testing upper and lower Bollinger Bands.
• Turnover spiked in the early hours of 2025-12-19, coinciding with a sharp rally and consolidation.
Market Overview
The
Manchester City Fan Token/Tether (CITYUSDT) opened at 0.615 on 2025-12-18 at 12:00 ET, reached a high of 0.635, touched a low of 0.605, and closed at 0.628 on 2025-12-19 at 12:00 ET. Total
volume for the 24-hour window was approximately 621,053.69, with
turnover totaling around 382,319.63 USDT.
Structure & Moving Averages
Price action displayed a strong 5-minute bullish bias during the 03:30–04:30 ET session, with multiple 20 and 50-period moving averages acting as dynamic support and resistance. On the daily chart, the 50-period MA was close to 0.620, suggesting possible near-term support.
Momentum and Volatility
MACD remained in positive territory during the late afternoon and early evening hours but flattened by close, signaling weakening bullish momentum. Bollinger Bands showed expansion through most of the session, with price staying near the upper band during key rally phases.
Volume and Fibonacci Levels
Turnover spiked during the 06:15–07:15 ET window, coinciding with a 0.621–0.631 rally. A 5-minute Fibonacci retracement of the 0.605–0.635 move placed 0.623 (38.2%) and 0.618 (61.8%) as key levels.
Forward Outlook
CITYUSDT appears to consolidate near 0.628, with potential for a test of 0.635 or retesting 0.620. Investors may watch for a clear breakout or breakdown in the next 24 hours, but risks remain balanced with price near key Fibonacci and moving average levels.
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