CAT/USDT
Chart Overview: The chart shows the CAT/USDT pair on Binance with candlesticks indicating price movements. Three moving averages (MA) are plotted: MA(7), MA(25), and MA(99).
Trade Recommendations:
Long Trade Entry: Consider entering a long position if the price sustains above the recent high of approximately 0.4475 USDT.
Short Trade Entry: Consider entering a short position if the price drops below the recent low of approximately 0.4347 USDT.
Stop Loss Levels:
For long positions, place a stop loss just below the MA(25) at around 0.4406 USDT.
For short positions, place a stop loss slightly above the MA(25) to limit potential losses.
These values are based on the current chart data and should be adjusted according to real-time market conditions and individual risk tolerance.
#BTCSoarsTo68K #USRetailSalesBoost #BinanceLabsInvestsLombard #UptoberBTC70K? #ScrollOnBinance