$CATI has experienced a significant 10.879% price increase in the past 24 hours, currently trading near the upper Bollinger Band at 0.1103. This proximity indicates a potential overextension, suggesting traders should closely monitor for a pullback. With support at 0.0834 and resistance at 0.1174, a prudent risk management strategy would be to set a stop-loss slightly below the lower Bollinger Band at 0.0957. Volatility appears to be expanding, which could lead to further fluctuations. Recommended action: set alerts near 0.1174 for potential selling opportunities, and consider waiting for a confirmation before entering new positions.
