‼️CATI ANALYSIS !!!
✅ Technical Signals & Indicators
1. Breakout Confirmed
• The price broke out of a long consolidation channel above $0.081, with high volume.
• It's also well above 7, 25, and 99-period EMAs = bullish confirmation.
• Long accumulation between June 20 – July 10 set the stage for this move.
2. RSI Analysis
• RSI(6) = 88.6 → Very Overbought, short-term cooldown expected.
• RSI(12) = 77.4, RSI(24) = 68.6 → Still pushing into overheated territory.
• Watch for RSI divergence or rejection above 90 = sign of momentum exhaustion.
🍀LONG POSITION✅
🔺Entry Zone: Wait for a minor pullback and take long around $0.095–$0.098
• Support Range: $0.089 – $0.092 is former resistance now turned support.
🔺Stop-Loss: Below $0.086
🔺Take-Profit Targets:
• TP1: $0.115 (short-term resistance from previous swing high)
• TP2: $0.132 (mid-range from last downtrend)
• TP3 (final): $0.145–$0.150 (previous major top)