What's up with 1000CAT? 🐾🔥
The market keeps moving and 1000CAT has us on our toes! 👀 On this 2-hour chart, we see the price struggling to break out of a downtrend 📉, marked by lower highs (blue line).
🔍 Key Points:
Support: The price is defending itself at the $0.03307 zone, a crucial level to avoid further declines.
Resistance: To see bullish momentum, it should break $0.04000! 🚀
Volume: Activity has dropped, will it be a silent accumulation or a pause before more action? 👇
💡 What to expect?
If 1000CAT breaks the downtrend line and breaks above $0.04000, we could be in for an exciting turnaround! ⚡ In the meantime, this is a time for analysis and patience for traders. 🕒