$CATI Fall More Than 50% đšâ ïž
Initial listing price was 0.08 and reached 1.20 in less than a second but unable to break resistance since then it's keep falling from 1.20 to near 0.65 more than 50% in a week.
CATI's price action suggests initial hype drove the price up to 1.20. Failure to break resistance led to profit-taking. Sharp decline indicates potential overvaluation.
Rapid spike was likely speculation-driven. Inability to sustain above 1.20 indicates weakness. 50% decline in a week raises concerns.
Caution advised due to high volatility. Wait for price stabilization before investing. Possible scenarios include further decline to 0.40-0.50 support level or consolidation around 0.65 before potential rebound.
