$CATI Fail to break Resistance

CATI Market Analysis:

CATI struggled to break $1 resistance yesterday, then plummeted below:

- Support: $0.81

- Current Price: $0.72 (aligning with 0.38 Fibonacci level)

Key Takeaways:

- Immediate support holds at $0.72; potential bounce.

- Break below $0.72 may lead to further decline.

- Rebound to $1 possible if support sustains.

Caution Advised:

- Avoid excessive optimism; previously witnessed false rallies.

- Wait for confirmation signals before entering positions.

Next Key Levels:

- Resistance: $0.81, $0.88

- Support: $0.69, $0.65

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