🚨 $1000CAT SHOWING SIGNS OF A REVERSAL – WATCH THIS LOW! 🚨
$1000CAT is currently trading at $0.04484, rebounding slightly after hitting a low of $0.04400. This recent downward trend has pushed the RSI to 30.7, signaling oversold conditions and a potential reversal. The immediate resistance lies at $0.04732, a key level that bulls need to reclaim to confirm upward momentum. Traders looking for an entry can target $0.04450 – $0.04500 for a low-risk trade. Short-term take-profit targets are set at $0.04550, followed by $0.04700, with a possible extension to $0.04800. On the downside, a stop-loss at $0.04350 will protect against further declines.
MACD remains bearish but is flattening, indicating a slowdown in selling pressure. If volume starts to build, 1000CAT could see a minor recovery, offering a solid short-term trade opportunity. Traders should stay cautious and monitor the support zone closely.