đ CATI/USDT Technical Update: Potential Entry Zones!
The CATI/USDT pair is currently trading at $0.4624, with the price consolidating after a significant drop. Key support sits at $0.4338, where buyers recently stepped in. On the upside, the immediate resistance lies at $0.4913, near the 24h high, and the 7-day moving average at $0.4640.
đĄ Entry Strategy: Traders may consider entering near $0.4338 if the price holds this support, targeting the resistance levels for short-term gains. If CATI breaks above $0.4640, we could see a push towards the next resistance, offering a potential bullish reversal. However, a break below support may signal further downside, so setting stop-losses just below $0.4300 is essential for risk management.
This setup offers a great risk-reward balance for those eyeing a swing trade in this volatile range. Keep an eye on volumes and breakout signals for confirmation! đ
