$1000CAT /USDT Trading Signal - Potential Rebound in Action?
Market Overview: Current Price: $0.03462 Daily Change: -4.50%
Trading Signals: Long Trade:
Entry: $0.03440 - $0.03465
Targets:
T1: $0.03490
T2: $0.03530
T3: $0.03570
Stop Loss: $0.03410
Short Trade:
Entry: $0.03470 - $0.03500
Targets:
T1: $0.03420
T2: $0.03380
T3: $0.03340
Stop Loss: $0.03520
Technical Insights: The price is attempting to stabilize above the 7 MA at $0.03454, with the 25 MA and 99 MA acting as resistances near $0.03477 and $0.03573, respectively. A rebound from current levels may push the price towards the first target, while failure to hold support at $0.03440 could trigger further downside.
Strategy: Monitor volume and price action closely. For long positions, focus on breaking through the $0.03477 resistance. For shorts, use tight stop losses near key resistance zones.
