đ $CATI Technical Analysis: Downtrend Continues
Over the past 24 hours, $CATI/USDT has dropped over 9% as selling pressure remains strong. The price is currently at 0.8265 USDT, forming a clear downtrend with lower highs and lower lows. Volume is elevated, confirming the bearish move. đš
đ Key Levels:
Immediate Support: 0.8265 USDT
Next Support: 0.80 USDT
â ïž Indicators:
MACD is falling below zero đ
RSI is in oversold territory đ€, signaling a possible temporary bounce or consolidation before retesting lower levels.
Traders may look to enter short positions on further weakness, targeting 0.80 USDT. However, for a bullish comeback, the price needs to break above 0.86 USDT to spark a potential corrective rally. đ
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