$CATI /USDT is currently trading at 0.5862, showing a 23.98% increase, with significant recovery from its recent low of 0.4690. The chart indicates a potential reversal as momentum builds.
The resistance is set at 0.6200, while the immediate support lies at 0.5720. A long entry can be considered around 0.5850 with take-profit targets at 0.6000, 0.6100, and 0.6200 to capture small upward gains. To minimize risk, a stop-loss should be placed at 0.5700.
Traders are advised to monitor the RSI and MACD indicators, which suggest a cautious recovery. Stay alert for any breakout or retracement near critical levels.
