đ CATI/USDT Market Analysis đ
CATI/USDT is currently trading at $0.5100, down 10.43% in the last 24 hours. The chart shows a clear downtrend, with immediate resistance at $0.5134 and stronger resistance around $0.5277 (25-period MA). For a bullish reversal, the price needs to break these levels with strong volume.
On the downside, support lies around $0.5007 and a major zone at $0.4849, backed by the 99-period MA. Traders can look for a long entry near the support zone, targeting a breakout above the short-term moving averages for a potential uptrend. Stop-loss can be placed just below the $0.4849 support level to manage risk.
Volume is high, signaling market interest, but patience is keyâwatch for a clear signal before jumping in! đ
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