🚨 $CATI /USDT ALERT: Testing Resistance – Major Move Ahead! 🚨
$CATI is trading at $0.5840, up by +6.32% in the past 24 hours. With a high of $0.5985, the price is consolidating near a critical resistance zone, suggesting a potential breakout or retracement.
🔑 Key Levels to Watch:
Resistance Targets:
1. $0.6000 – Immediate resistance; breaking this level could spark significant bullish momentum.
2. $0.6350 – A mid-term target where the trend may intensify further.
3. $0.6800 – A major psychological level and long-term target for bulls.
Support Levels:
$0.5500 – Key support to maintain bullish structure and prevent a larger retracement.
$0.5050 – A strong support zone, acting as a safety net in case of bearish pressure.
📈 Trade Setup:
Long Entry: Around $0.5800–$0.5900, with targets at $0.6000, $0.6350, and $0.6800.
Stop Loss: Below $0.5500 to manage risk effectively.
⚠️ Note:
CATI is approaching critical levels with rising volume. Watch for a confirmed breakout above $0.6000 to validate the next upward leg. Use tight stop losses and keep an eye on key support levels for risk management.