Mild Bullish Momentum๐ฏ๐ฅ๐ฏ $1000CAT
/USDT Technical Analysis & Trade Strategy๐ฏ๐๐ฏ
Current Price: 0.03820
24h High: 0.04042
24h Low: 0.03510
24h Volume (1000CAT): 1.01B
24h Volume (USDT): 37.94M
๐ Bullish Setup:
Entry: Buy around 0.03800 - 0.03850 (support zone).
Targets ๐ฏ:
1. 0.03950 (initial resistance zone)
2. 0.04050 (near 24h high)
3. 0.04150 (breakout level)
Stop-Loss: Below 0.03700 (recent low).
Risk/Reward: 2:1
๐ Range Play:
Entry: Accumulate between 0.03750 - 0.03850.
Targets: Take profits near 0.03950 - 0.04050.
Stop-Loss: Below 0.03700.
๐ Bearish Setup:
Entry: Short below 0.03700.
Targets ๐ฏ:
1. 0.03600 (support zone)
2. 0.03500 (24h low)
3. 0.03400 (psychological support)
Stop-Loss: Above 0.04050 (resistance level).
Risk/Reward: 3:1
Trend: Mild bullish momentum. Look for pullbacks to support levels for long positions or wait for a breakout above 0.04050 for stronger confirmation.
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