CITY/USDT Explosion. My Analysis as @tradelover

​Hello Inleo community and fellow trading enthusiasts.
​Today I caught a move that I simply couldn't ignore. As @tradelover, I’m always on the lookout for these breakouts, and CITY/USDT just gave us a masterclass with a massive +22.71% surge in the last 24 hours.
​What’s happening on the chart?
Looking at the Binance chart I’ve attached, we can see that CITY has finally woken up from a long nap around the $0.60 level. This sudden explosion pushed the price all the way to a 24-hour high of $0.778.
​Technical Highlights I Like
​Above Moving Averages The current price of $0.724 is comfortably sitting above the EMA(25) at 0.617, EMA(50) at 0.607, and EMA(100) at 0.606. This indicates a very strong short-term bullish trend.
​Trading Volume We’re seeing over 4.6M CITY traded, which tells me there is real interest behind this move it's not just "empty" noise.
​My Thoughts as @tradelover
Moves like this are often driven by "Smart Money" accumulation or major news. As I was discussing earlier in Threads regarding gold and inflation, capital is always looking for where the momentum is. When things get this green, everyone starts paying attention.
​A Word of Caution
While it looks beautiful, don't forget that after a 22% pump, the market might need to "take a breath" (a correction).
​Resistance to Watch We need to keep a close eye on $0.778.
​Support Level: The $0.60 - $0.62 zone should now act as our "floor" if the price pulls back.
​How are you seeing CITY? Are you already in this trade, or are you waiting for a better entry point? I’d love to hear your thoughts in the comment.

Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are extremely volatile and risky. The author may hold positions in mentioned assets. Always conduct thorough research and never invest more than you can afford to lose.