$1000CAT is trading at $0.03897, down 4.93% in the last 24 hours. The price is consolidating after testing the resistance at $0.04193, indicating a possible breakout or another decline.
Key monitoring levels:$1000SATS
Resistance: $0.03920 – A break above this level could lead to a short-term rally.
Immediate target: $0.04050 – critical level for bullish continuation.
Support: $0.03820 – Maintaining this level is essential to avoid further downside momentum.
Setting up the deal:
Entry: Around $0.03890 if consolidation continues above support.
Target 1: $0.03920 for a quick breakout trade.
Target 2: $0.04050 for extended gains.
Stop Loss: $0.03800 to limit downside risk.
The market is in wait and see mode. Watch for breakout signals or increased volume to confirm the next trend. Be careful with tight stop loss levels