Technical Analysis for $1000CAT /USDT

Target Achieved: 🚨 $1000CAT /USDT is trading at $0.03455, reflecting a sharp decline of -13.71% over the past 24 hours. The pair continues to show strong selling pressure, breaking through key support levels on the 30-minute chart.

Next Potential Targets:

1. Immediate Resistance: $0.03600

2. Breakout Target: $0.03800

3. Extended Target: $0.04000

Key Insights:

The $0.03400 support level is crucial to halt the decline and establish a recovery.

A breakout above $0.03600 could signal a short-term rebound toward $0.03800, with further momentum potentially driving the price to $0.04000.

Traders should exercise caution, manage risk with tight stop-losses, and monitor volume for signs of reversal.

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