🚨 $1000CAT /USDT Facing Resistance – Consolidation in Progress! 🚨

$1000CAT is trading at $0.03897, down 4.93% in the last 24 hours. The price is consolidating after testing resistance at $0.04193, indicating a potential for either a breakout or further decline.

Key Levels to Monitor:

Resistance: $0.03920 – A break above this level could trigger a short-term rally.

Immediate Target: $0.04050 – A critical level for bullish continuation.

Support: $0.03820 – Holding this level is essential to avoid further bearish momentum.

Trade Setup:

Entry: Around $0.03890 if consolidation sustains above support.

Target 1: $0.03920 for a quick breakout trade.

Target 2: $0.04050 for extended gains.

Stop-Loss: $0.03800 to limit downside risk.

The market is in a wait-and-see mode. Monitor for breakout signals or volume increases to confirm the next direction. Stay cautious with tight stop-loss levels.