Professional analysis of the CATI/USDT pair (time frame: 4 hours
The CATI/USDT pair is experiencing a strong increase of +18.11% reaching 0.1409 USDT, with clear upward momentum supported by the following technical indicators:
🔹 Exponential Moving Averages (EMA):
The price is trading above the three moving averages (EMA7 = 0.1301, EMA25 = 0.1192, EMA99 = 0.1114), confirming the upward trend in the short and medium term.
🔹 Relative Strength Index (RSI 6):
It records a value of 88.26, which is an overbought area, indicating the possibility of a nearby correction.
🔹 Stochastic RSI Indicator and %K and %D:
The high values (K=82.87, D=72.06, STOCHRSI=96.30) indicate strong momentum, but they also enhance the chances of short-term profit taking.
🔹 Consecutive bullish candles:
The price is forming strong green candles supported by good trading volume, which enhances the continuity of the trend provided that support is not broken.
🔽 Points of Sale (Potential Profit Taking):
First resistance: 0.1430 USDT
Second resistance: 0.1500 USDT
Partial selling at these levels is preferred while monitoring reversal signals.
🔼 Buying Points (Entry Opportunities):
Re-testing the first support: 0.1300 USDT (EMA7)
Strong support at: 0.1190 USDT (EMA25)
Positions can be strengthened if the price bounces firmly at these points with confirmation on bullish candles.
✅ Recommendation:
The overall trend is strongly bullish, but caution is preferred due to indicator saturation. Partial profit-taking and monitoring the re-test of support for re-entry is advised.
> Disclaimer: This analysis is educational and should not be considered financial advice. Please manage risks carefully.
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