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Summary
• CITYUSDT formed a bullish engulfing pattern near 0.625, signaling potential reversal.
• Price traded between 0.622 and 0.645, with strong volume consolidation below 0.64.
• RSI hit oversold levels twice, suggesting short-term buying interest.
• Volatility expanded after 0.632, with Bollinger Bands showing price containment.
24-Hour Performance
Manchester
Structure & Formations
Price action showed a bullish engulfing pattern near 0.625, with a large body following a bearish session. A minor support at 0.63 and a key resistance at 0.645 were tested multiple times, with 0.641 acting as a temporary ceiling. A doji formed near 0.631, signaling indecision in early morning trading.
Moving Averages
The 5-minute chart showed price oscillating around the 20-period and 50-period moving averages without a clear trend. Daily averages suggested a slightly bearish bias, with the 50-period MA at ~0.635 and the 200-period MA at ~0.631.
MACD & RSI
The MACD showed a narrowing histogram and a near-zero line, suggesting fading momentum. RSI dropped to oversold territory (29) twice during the session, hinting at possible short-term buying interest.
Bollinger Bands
Volatility expanded after 0.632, with Bollinger Bands widening and price staying within the bands for most of the session. A slight contraction occurred in the early hours, suggesting consolidation ahead of a breakout attempt.
Volume & Turnover
Volume spiked above 80,000 during the afternoon and early evening, confirming bearish pressure toward 0.625. A divergence appeared between price and turnover in the morning, with high volume and stagnant price, hinting at internal struggle.
Fibonacci Retracements
On the 5-minute chart, price found support at the 38.2% retracement level of the 0.645–0.621 swing.

CITYUSDT appears to be consolidating within a tight range after a bearish break below 0.641. A sustained move above 0.645 may attract more buyers, while a breakdown below 0.622 could signal further weakness. Investors should watch for volume confirmation on any directional move.
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