/USDT Technical Analysis đŻ
Current Price: $0.4561 (-1.79%)
CATI is currently in a consolidation phase, trading around the $0.45 mark, with notable support and resistance levels shaping the upcoming moves. Letâs break down three key price targets:
1. Target 1 - $0.4850: This level marks the 24h high and is the first resistance point. A push past $0.4850 could indicate renewed buying pressure, signaling a potential upward trend in the short term.
2. Target 2 - $0.5100: The next major resistance lies near the $0.5100 level, aligning with the depth chartâs upper buy-sell levels. Reaching this could show strong momentum and a move beyond consolidation.
3. Target 3 - $0.5950: With the 99-day Moving Average at $0.5931, a rally to this level would represent a significant breakout, signaling possible long-term bullish sentiment for CATI.
Stay tuned to the price action, as volume and moving averages indicate pivotal moments for CATI!
