$CATI /USDT is trading at 0.5981, up 17.14%, showing strong bullish momentum after recovering from a low of 0.5741.
The price faces immediate resistance at 0.6070, while support holds at 0.5900. A suggested long entry is at 0.5980, with closely placed take-profit targets at 0.6020, 0.6060, and 0.6100. To minimize risks, a stop-loss can be set at 0.5900.
With the RSI at 74, the asset is nearing overbought levels, so traders should proceed cautiously and monitor resistance levels for potential breakouts or pullbacks.