CATI at Critical Turning Point: Will It Surge or Fall? ๐๐
CATI is currently showing a clear descending channel pattern, with price bouncing near the lower end of the trend. The market is at a crucial turning point, and traders should be on the lookout for a potential breakout or decline!
๐ก Key Levels to Watch:
Resistance: $0.4500 โ Bulls need to break above this level to confirm a reversal. A breakout could push price significantly higher!
Support: $0.4200 โ If price falls below this strong base, we could see further declines towards $0.4100 or lower.
๐ Entry Strategy โ What to Expect Next?
๐ต Bullish Scenario (Long Trade):
Entry: Above $0.4500
Target:
TP1: $0.4700
TP2: $0.4850
Stop Loss: Just below $0.4200 to protect against downside risk.
๐ด Bearish Scenario (Short Trade):
Entry: Below $0.4200
Target:
TP1: $0.4100
TP2: $0.4000
Stop Loss: Above $0.4500.
Stay alert and ready to seize the opportunity! Whether bullish or bearish, CATI is gearing up for the next big move! ๐ฅ๐ @Zero To World Hero #moonbix#USRateCutExpected #USCoreCPIUp