$1000CAT / USDT Potential Short Reversal Trade Setup
Setup: Potential Short Reversal after a strong pump and testing resistance.
Entry: $0.01263 - $0.01265 (around the current price, looking for bearish confirmation)
Stop Loss: $0.01285 (just above the recent high)
Targets:
* $0.01240
* $0.01220
* $0.01200
Confirmation:
* Bearish candlestick forming after the pump towards $0.01320.
* Decreasing buying volume.
* Price breaking below short-term support levels.
Risk/Reward: ~1:2 to 1:3+
Leverage: 1x-3x (high volatility, manage risk carefully)
Watch for: Strong bearish momentum to confirm the reversal. Be cautious if the price continues to rise above $0.01285.
Trade here: click $1000CAT
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