$1000CAT shows a clear breakdown from its previous consolidation range, forming a new support at $0.03804 and resistance at $0.04001.
It’s advisable to wait for a breakout above resistance for a potential upward move or a breakdown below support for further bearish momentum.
The price has already broken its main previous support so downward momentum is expected if the bearish trend continues.
Monitor these key levels before entering a trade to confirm the next move.