๐ $CATI /USDT Sluggish but Stabilizing โ Is the Bottom In? ๐พ
CATI is trading at $0.0752, down 3.47%, after bouncing slightly from the local low of $0.0718. Price action remains weak but is showing signs of base-building near the lower Bollinger band.
๐ Technical Overview:
โข Support Zone: $0.0714 โ $0.0720
โข Resistance: $0.0795 (Mid-Bollinger), $0.0876 (Upper Band)
โข Volume: 12.92M โ light but steady
โข Trend Bias: Bearish-to-neutral โ early signs of consolidation
๐ฏ Trade Plan (Speculative Reversal):
โข Entry: $0.0740 โ $0.0755
โข Stop Loss: $0.0705
โข TP1: $0.0785
โข TP2: $0.0815
โข TP3: $0.0860
๐ A close above $0.0795 could trigger a short-term trend reversal. Look for volume confirmation before scaling in.