$1000CAT /USDT – Reversal or Continuation? Key Levels to Watch! 📊
Entry Zone: $0.03440 - $0.03460
Targets:
1. $0.03500
2. $0.03550
3. $0.03620
Stop Loss: $0.03420
Market Insights
$1000CAT /USDT is experiencing slight bearish momentum, down 1.23%, trading near the lower support zone at $0.03435. Here are key observations:
MA(7): $0.03514, indicating immediate resistance.
MA(25): $0.03534, aligning with mid-term targets.
MA(99): $0.03496, crucial for bullish confirmation if broken upwards.
The current range offers potential for a bounce, with increasing buyer activity visible near the $0.03435 support level.
Strategy Tip:
Monitor for a clear break above $0.03500 before confirming upward momentum. Secure partial profits at each target and adjust the stop loss accordingly to reduce risks.
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