⚠️ $1000CAT /USDT Crashes 11.83%: Is the Bottom In or More Pain Ahead? ⚠️
1000CAT is experiencing heavy losses, trading at $0.03510, down 11.83% in the last 24 hours. After reaching a high of $0.03993, it has plunged to a low of $0.03307, testing critical support levels as selling pressure intensifies.
Key Levels to Monitor:
Support: $0.03300 – A breakdown below this level could lead to further losses.
Resistance Levels (Targets):
1. $0.03750 – Immediate resistance to test recovery potential.
2. $0.04000 – A critical zone to regain bullish momentum.
3. $0.04500 – A breakout above this could signal a trend reversal.
Trade Setup:
Long Entry: Above $0.03750, targeting $0.04000 and $0.04500.
Short Entry: Below $0.03300, with a potential drop to $0.03000.
Stop-Loss: Set at $0.03250 to limit downside risk.
💡 Pro Tip: Monitor volume closely at these levels. A bounce from support could indicate buying interest, while a failure to hold $0.03300 might accelerate the downtrend. Trade cautiously.
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