**$CATI (Catizen) Coin Analysis - Post-Launch Insights**

Catizen (CATI) launched Few days ago, hitting a high of $1.2 but is now trading at its lowest point, around $0.7616. Here's what I’m observing:

🔸 **Launch Volatility**: CATI saw a lot of action on day one, with a big surge followed by a sharp decline. Early profit-taking might be driving the sell-off.

🔸 **Initial Volume Surge**: The large green candle shows heavy buying interest early on, but the following red candles suggest selling pressure. However, the lower volume with each red candle could mean the sell-off is slowing.

🔸 **Support Level**: CATI seems to be stabilizing around $0.76. If this level holds, it could act as a support zone for future price action.

🔸 **Risk of Further Decline**: If buyer interest doesn't pick up soon, we might see a further drop. Watch for a break below $0.76 as a potential signal.

🔸 **Next Steps**:

- Keep an eye on **volume** for signs of renewed buying interest.

- Monitor **$0.76** closely—if it holds, we could see a reversal. If it breaks, expect further declines.

- With launch coins, expect **volatility** in the short term!

What do you guys think? Is it time to hold or are you waiting for more stability?

#Catizen #CATI #Binance #CryptoAnalysis #NewLaunch