$CATI

๐Ÿ“‰ $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. ๐Ÿšจ

๐Ÿ”‘ Key Levels:

Immediate Support: 0.8265 USDT

Next Support: 0.80 USDT

โš ๏ธ Indicators:

MACD is falling below zero ๐Ÿ“‰

RSI is in oversold territory ๐Ÿค”, 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. ๐Ÿš€

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