$CATI /FDUSD CONSOLIDATING FOR A POTENTIAL BREAKOUT ABOVE KEY ZONE

$CATI is currently hovering near 0.0849 after a steady 4.94% gain in the last 24 hours. The chart on the 1-hour timeframe reveals price attempting to hold above the short-term support at 0.0819, while facing resistance just below 0.0870 — a level that has capped recent upside attempts.

📊 Market Snapshot:

Price: 0.0849 FDUSD

24H Range: 0.0805 – 0.0874

Volume: 52.4K $CATI

Sentiment: Stabilizing, with gradual money inflow

🔍 Technical Outlook:

If price closes above 0.0870, it could trigger a push toward 0.0900 and possibly 0.0948 (the local top).

Holding above 0.0819 is crucial to maintain bullish momentum.

Volume remains light, so a breakout will likely require a surge in participation.

📈 Trade Setup (Short-Term):

Entry: 0.0850 – 0.0860

Target 1: 0.0900

Target 2: 0.0945

Stop-Loss: 0.0800

Quick Take: Wait for confirmation via a strong hourly close above 0.0870. A rejection here could mean more consolidation or retest of the 0.0819 support zone. Ideal for breakout traders watching volume closely.

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