$CATI /USDT TRADE SETUP & ANALYSIS

✅ Long Setup (Retest Confirmation)

Entry: $0.1160–$0.1170 (neckline retest zone)

Stop Loss: $0.1100 (below trendline & shoulder)

Take Profit 1: $0.1220 (recent high)

Take Profit 2: $0.1300

Take Profit 3: $0.1500+

🧠 Pattern Identified: Inverse Head and Shoulders (iH&S)

H = Head (lowest point)

L = Shoulders (higher lows)

Neckline = Clearly broken at around $0.1160–$0.1180

This is a classic bullish reversal pattern indicating a potential trend shift to the upside.

📊 Key Technical Levels #CATI

🟩 Support Levels

Trendline Support: Strong ascending trendline (~$0.1120)

Horizontal Support: $0.1160 (neckline retest zone)

Major Support: $0.1000 (previous consolidation base)

🟥 Resistance Levels

Immediate Resistance: $0.1200–$0.1220 (previous highs)

Breakout Target Zone: $0.1300–$0.1600 (measured move from iH&S pattern)

📈 Indicators

Green EMA: Likely 50 EMA – currently providing upward support.

Red EMA: Short-term average – price is testing around it after a small pullback.

Heikin Ashi Candles: Showing reduced bullish momentum but not a confirmed bearish reversal.

Risk-Reward: ~1:2 or better depending on SL/TP placement

📊 Strategy Notes

Confirmation Needed: Wait for a bullish Heikin Ashi candle or strong bounce on neckline support.

Volume Check: Look for increasing buy volume on retest for stronger confirmation.

EMA Behavior: Watch for crossovers or bounce on the green EMA as an entry signal.

💡 Summary

The inverse head and shoulders breakout has already occurred, and the price is currently retesting the neckline at $0.116–$0.117. If support holds, there is a strong chance for upward continuation toward $0.130 and beyond.

Trade $CATI