Market Overview for Manchester City Fan Token/Tether (CITYUSDT)

Summary
• Price action displayed a bearish bias with a 0.752–0.713 range and key 0.730 support.
• Volume surged at 10:15 ET, confirming a bullish reversal attempt from 0.727 to 0.739.
• RSI signaled oversold conditions near 0.716, suggesting potential short-term bounce.
• Volatility expanded mid-day, with Bollinger Bands widening and a 0.727–0.730 consolidation forming.
• A bullish engulfing pattern emerged at 10:15 ET, aligning with a 61.8% Fib level.

At 12:00 ET on December 29, 2025, Manchester City Fan Token/Tether (CITYUSDT) opened at 0.734, reached a high of 0.752, and closed at 0.720 after testing a low of 0.713. Total 24-hour volume was 1,183,500.91, with notional turnover of 825,659.59.

Structure and Key Levels

Price formed a bearish consolidation from 0.744 to 0.727 before a notable bullish reversal at 10:15 ET. The 0.730–0.732 zone acted as a critical support, with a 61.8% Fibonacci retracement aligning with the 0.727–0.739 swing. A doji at 0.726 and a bullish engulfing at 10:15 ET suggest short-term stabilizing pressures.

Momentum and Indicators

MACD turned neutral to slightly bullish at the end of the window, while RSI hit oversold levels near 0.716, hinting at a potential rebound. Bollinger Bands widened mid-day, reflecting increasing volatility. The 50-period moving average on the 5-min chart crossed above the 20-period, indicating short-term bearish momentum slowing.

Volume and Turnover

Volume spiked at 10:15 ET (240,884.45) as price surged from 0.727 to 0.739, confirming a bullish reversal. Notional turnover closely tracked the volume increase, suggesting strong conviction in the move. A divergence between declining volume and sideways price near 0.725 indicates weakening bearish pressure.

CITYUSDT may test the 0.727–0.730 zone over the next 24 hours, with a possible bounce to 0.735–0.739. However, a breakdown below 0.716 could trigger further declines. Investors should monitor volume for confirmation of a reversal.