$CATI
Correction Hunting Strategy on CATI/USDT – A Promising Opportunity After the Bull Run
The CATI/USDT token witnessed a strong increase of +46% in 24 hours, putting it on the radar of many traders. But, is it the right time to buy now? Here’s a smart short-term trading strategy that relies on exploiting corrections rather than chasing peaks.
Quick Technical Overview:
Current Price: 0.1539
RSI Indicator = 89 → Clear overbought condition.
The price has strongly breached the upper limit of the Bollinger Band.
MACD shows renewed bullish momentum.
Very high trading volume reflects market interest.
Strategy: Wait for the correction and ride the rebound
Entry (Buy Entry):
We wait for the price to drop towards the 0.096 – 0.10 USDT area (MA10 average + middle of the Bollinger).
Entry Signals:
RSI cools down to 40 – 50.
Reversal candle (Hammer or Bullish Engulfing).
MACD remains positive or shows a new bullish crossover.
Target (Take Profit):
First Target: 0.1530 (previous peak).
Second Target: 0.17 – 0.18 if momentum continues.
Stop Loss:
Clear break and support at the 0.088 USDT level.
Important Advice:
Do not enter at the peak of the rally, but wait for the correction, and enter with technical confirmations. The market rewards those who are patient and prepared.
