The $CATI /USDT 15-minute chart indicates a current price of 0.3969, with a notable upward trend of +21.86% for the day.
Traders should focus on key levels, with resistance positioned at 0.4140 and support found at 0.3880. A strategic entry point for a long trade could be around 0.3970, aligning with the current price action.
Setting take-profit targets at 0.4060, 0.4140, and 0.4250 allows for phased profit-taking as the price moves upward.
To mitigate risk, it is prudent to place a stop loss at 0.3830, safeguarding against potential downward shifts. Monitor RSI and MACD indicators for further momentum validation and adjust strategies as market conditions evolve.