$1000CAT /USDT Update – Sideways Action with Weak Momentum
Current Price: $0.04064 (-2.91%)
$1000CAT/USDT is trading sideways, with resistance at $0.04462 and support near $0.03985, indicating range-bound movement.
Entry Suggestion:
Long Entry: $0.0400-$0.0410 near support.
Targets:
Short-term Target: $0.0425
Next Target: $0.0450
Stop Loss:
Place a stop loss below $0.0390 to minimize risks.
Market Outlook:
The current lack of momentum suggests potential consolidation within the range. A break above $0.0425 is needed for bullish confirmation, while a drop below $0.0390 could trigger further downside.
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