$1000CAT /USDT Trading Signal - Potential Rebound in Action?

Market Overview:

Current Price: $0.03462

Daily Change: -4.50%

Trading Signals:

Long Trade:

Entry: $0.03440 - $0.03465

Targets:

T1: $0.03490

T2: $0.03530

T3: $0.03570

Stop Loss: $0.03410

Short Trade:

Entry: $0.03470 - $0.03500

Targets:

T1: $0.03420

T2: $0.03380

T3: $0.03340

Stop Loss: $0.03520

Technical Insights:

The price is attempting to stabilize above the 7 MA at $0.03454, with the 25 MA and 99 MA acting as resistances near $0.03477 and $0.03573, respectively. A rebound from current levels may push the price towards the first target, while failure to hold support at $0.03440 could trigger further downside.

Strategy:

Monitor volume and price action closely. For long positions, focus on breaking through the $0.03477 resistance. For shorts, use tight stop losses near key resistance zones.

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