$CATI
/USDT: Continuous bearish momentum 📉💥💫
Key Data:
Current Price: 0.3491
24h High: 0.3972
24h Low: 0.3477
24h Volume (CATI): 12.60M
24h Volume (USDT): 4.69M
Price Change (24h): -11.66%
Recent 15m Move: -0.0011 (-0.31%)
Trade Plan:
Entry Zone:
Buy near: 0.3477–0.3490, near the recent low and support level.
Targets:
🎯 T1: 0.3600 – Short-term recovery towards resistance.
🎯 T2: 0.3700 – Mid-range resistance level.
🎯 T3: 0.3800 – Test near the 24h high for breakout potential.
Stop-Loss:
Set at: 0.3450, just below the 24h low for risk control.
Trend Analysis:
Downtrend: The price is down 11.66%, but it is near 0.3477, indicating potential support.
RSI: Approaching oversold, which could suggest a reversal opportunity.
Volume: Moderate volume with a slight decline in price, indicating consolidation or potential for a rebound.
Strategy:
Enter near support levels and target quick profits at T1 and T2.
Keep stop-loss tight and trail it as price moves up for added risk management.
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