Technical Analysis and Trade Signal for $1000CAT

/USDT

Momentum: Bullish (up +22.81%)

Key Indicators:

RSI likely in an overbought zone, suggesting strong momentum but potential for retracement.

Support Levels: $0.03898, $0.03783 (next possible pullback levels)

Resistance Levels: $0.04164, $0.04275 (breaking these could signal further upside).

Trade Signal: Long Position

Entry Point: Near current price ($0.04017) or a dip around $0.03900 for better risk-reward.

Target šŸŽÆ Levels:

1. Target 1 (Short-Term): $0.04275

2. Target 2 (Mid-Term): $0.04500

3. Target 3 (High-Risk/Reward): $0.04850

Stop Loss: Set below $0.03750 to minimize risk.

Momentum: Strengthened by high trading volume (1.90B 1000CAT) and bullish price action. Monitor for breakout or retracement near key levels.

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