$CATI Regarding the falling trend of this new coin and the reason for shorting, we can analyze it as follows:

The daily level falling trend of this new coin is relatively smooth, and during this period of decline, gaps often appear, making it difficult for long investors in the secondary market to recover their capital. This shows that the current downward trend is relatively strong.

As a new coin that has just been launched in the secondary market, its price often deviates from the cost price in the primary market. In the financial market, the average cost is an important factor in determining the price, which has a dragging effect on the price of the new coin. Considering the current sharp decline of the new coin, it is likely that the holders in the primary market sold it after listing because they had already gained huge gains in the early stage.

From a technical perspective, the new coin has signals of short entry, such as a long upper shadow line and a negative line with a closing price close to the lowest point, and a bearish pinbar formed by the three-day line. Combined with the smooth downward trend on the left, this shows that the current price is suitable for shorting. A reasonable stop loss is set at 0.59, and it is necessary to pay attention to position control to ensure that there is more than 20% stop loss space.

Regarding the setting of the take-profit position, 0.2788 is one of the prices where a large number of short-selling institutions take profit. Taking profit at this price, the profit-loss ratio reaches 1.7 times, and the winning rate is greater than 50%, which is a relatively high-quality transaction.

In summary, the new currency is currently showing a clear downward trend, and from the perspective of technical form and financial market principles, there are reasonable reasons for shorting. However, investors still need to be cautious when trading to ensure that risks are controllable.