Technical analysis by Fahad-Rafique about Symbol CITY: Buy recommendation (5/5/2025)
https://sahmeto.com/message/3483059
Fahad-Rafique
Rank: 34756
Analytical Power:
0.6
CITYUSDT is Bullish
:Buy
Price at Publish Time:
$1.1
Profit Target:
(+125.85%)$2.49
Stop Loss Price:
(-31.97%)$0.75

Price was in a downtrend, however the bulls seem to be gaining control of price action as a bullish divergence on daily time frame as emerged. Moreover, previous lower high is also broken and a higher high is printed instead, now if if freshly printed higher high is broken then we can expect a bullish breakout as per Dow theory. Targets are mentioned on the chart.
Source Message: TradingView