$CATI is going to bearish trend.
/USDT Technical Analysis
Catizen (CATI) has shown significant volatility since its Binance listing, with traders closely monitoring price movements. After reaching an all-time low of $0.66, the token is consolidating around this support level. Market indecision is evident, but there are three key targets to watch.
๐ฏ First Target: $0.66 Support
This level has become a crucial support zone. If it breaks, CATI could drop further toward $0.43, marking a deeper correction as sellers take control.
๐ฏ Second Target: $0.95 Resistance
A breakout could push CATI toward $0.95. This resistance is the first hurdle that must be overcome for a potential recovery, especially if market sentiment turns bullish following increased activity on Binance.
๐ฏ Third Target: $1.11 Recovery
If positive momentum continues, CATI may target a recovery to $1.11, reversing its 40% decline and indicating a renewed uptrend.
Keep an eye on market shifts and any developments surrounding CATI to anticipate the next move.