🚨 $CATI /USDT ALERT: Breakout Potential in the 1-Hour Chart! 🚨
CATI has shown a 25% surge, climbing from a 24-hour low of 0.4690 to a high of 0.8349 before facing a pullback. Currently, it trades at 0.5995, consolidating after a steep decline, with potential for a bounce or further retracement.
💡 Critical Levels to Watch:
Resistance:
0.6980 – First hurdle for upward momentum.
0.8349 – Major resistance; a breakout here signals a strong bullish trend.
Support:
0.5400 – Immediate support to watch.
0.4690 – Key level to prevent further downside.
🎯 Trade Setup:
Entry Price: 0.5995
Take-Profit Targets:
0.6980
0.7500
0.8349
Stop-Loss: 0.5400
⚠️ Cautionary Note:
The recent pullback suggests heightened volatility. If support at 0.5400 fails, CATI could dip further, retesting 0.4690. However, a sustained break above 0.6980 could reignite bullish momentum. Tight risk management is essential!
