$1000CAT is currently in a bearish market structure, trading at 0.00623 USDT, just above a critical support level of 0.0062 USDT. With an RSI of 27.74 indicating oversold conditions, a potential pullback entry strategy could be beneficial. Traders should remain cautious of external risk factors such as Bitcoin's fluctuations and broader macroeconomic events that may impact sentiment. Volume remains robust at 1,480,889.6, suggesting ongoing interest in the asset.
