Market Overview for Manchester City Fan Token/Tether (CITYUSDT) – October 26, 2025

• CITYUSDT edged higher over 24 hours, closing near session high with moderate volume
• Price found support at 0.746 and pushed toward 0.762 in late trading with rising momentum
• Volatility and turnover spiked during the 24-hour period, especially after 07:00–10:00 ET
• RSI suggests moderate overbought conditions, while volume divergences hint at potential consolidation
• Bollinger Band expansion indicates increased price volatility, with price near upper band in key windows

24-Hour Price Action and Volume Summary

At 12:00 ET–1, Manchester City Fan Token/Tether (CITYUSDT) opened at 0.748 and traded between 0.746 and 0.763, closing at 0.76 over the 24-hour window. The total volume was 368,945, and the notional turnover (amount) reached 64,561, indicating rising participation and interest in the token. The price action showed a clear upward bias, especially during the early morning hours, with notable momentum building between 07:00 and 09:00 ET.

Structure and Candlestick Formations

The 15-minute chart displayed multiple bullish candlestick formations, including a strong “Bullish Engulfing” pattern at 19:45–20:00 ET and a potential “Bullish Harami” at 02:30–03:15 ET. These patterns suggest short-term buying pressure, especially as the price found support at 0.746 and moved higher. The formation of higher lows and narrowing range consolidation after 14:00 ET indicated a potential shift toward a more bullish bias in the near term.

Moving Averages and Momentum Indicators

The 20-period and 50-period moving averages on the 15-minute chart crossed above key support levels during the morning hours, supporting the bullish bias. The 50-period MA acted as a dynamic support level during the 09:00–11:00 ET window, while the 20-period MA pushed higher, reinforcing the upward trend. The MACD histogram showed a gradual increase in bullish momentum, particularly between 07:00 and 10:00 ET, with positive divergence suggesting continued strength. The RSI reached overbought territory multiple times, but the price continued to rise, indicating strong institutional or retail buying.

Volatility, Bollinger Bands, and Fibonacci Levels

The Bollinger Bands showed a moderate expansion during the morning hours, indicating rising volatility. The price traded near the upper band between 07:30 and 09:30 ET, reinforcing the strength of the bullish move. The lower band served as a critical support level during the early part of the session, with the price bouncing off the 0.746 level. On the Fibonacci retracement scale, the 0.762 level (61.8% of the recent 0.746–0.763 move) served as a potential near-term resistance area.

Backtest Hypothesis

A potential backtesting strategy for CITYUSDT could involve detecting the “Bullish Engulfing” pattern on daily or 4-hour charts, as seen in the 19:45–20:00 ET and 02:30–03:15 ET 15-minute candles. This pattern could be used to trigger a buy signal at the open of the next session, with an exit after three trading days. Given the current bullish momentum and the token’s low volatility, this strategy could be tested on a focused universe of fan tokens or similar small-cap crypto pairs. A simple exit without stop-loss or take-profit could work, but adding a 2% trailing stop-loss might improve risk management. This approach aligns with the recent momentum and could capitalize on short-term bullish bias.

Outlook and Risk Consideration

Looking ahead, CITYUSDT appears to have momentum on its side, particularly with the price holding above key support levels and showing bullish candlestick patterns. A test of the 0.762–0.763 resistance zone in the next 24 hours could offer insight into whether the upward trend will continue. However, investors should remain cautious of potential short-term corrections if volume fails to confirm the higher price action or if RSI enters overbought territory without further strength.