🐱 Simons Cat ($1000CAT) Dips -5.00% 🐱

$1000CAT is currently trading at $0.03871, down -5.00% in the last 24 hours. This pullback follows recent market volatility, providing potential opportunities for traders.

Key Levels to Watch

🔑 Resistance: $0.0400 – A breakout above this level may signal a reversal.
🔑 Support: $0.0370 – Critical for maintaining stability; a breach could lead to further declines.

Trade Setup

Long Entry: If $1000CAT shows strength above $0.0385, target levels at $0.0405 and $0.0420.Short Entry: If the price falls below $0.0370, consider shorting with targets at $0.0350 and $0.0340.

Risk Management

⚠️ Stop-loss: Place a stop-loss at $0.0365 for long trades to limit downside exposure.

Market Insight

The -5% decline reflects short-term selling pressure, but $100$1000CAT d rebound if it holds support levels. Monitor volume and price action closely to confirm potential trend changes.

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