$1000CAT /USDT, highlighting current price action, support/resistance levels, and a possible trade setup
$1000CAT /USDT – STRONG MEME MOMENTUM WITH BREAKOUT POTENTIAL
Current Price: $0.01020
24h Change: +15.12%
24h High/Low: $0.01042 / $0.00873
24h Volume: 742.49M 1000CAT | 7.11M USDT
Trend: Bullish (Momentum Building)
Date & Time: 2025-08-04 19:15 (UTC)
Key Technical Levels
Resistance Levels:
R1: $0.01042 (recent high)
R2: $0.01049 (next resistance – round level)
R3: $0.01080 (potential breakout target)
Support Levels:
S1: $0.00992 (minor support)
S2: $0.00936 (recent reaction level)
S3: $0.00907 (24h lower support zone)
Indicator Summary
MA/EMA: Price is holding above both MA and EMA on lower and mid timeframes — supports ongoing bullish trend.
Bollinger Bands: Price trading near upper band – suggests overbought, but still trending.
MACD: Bullish crossover confirmed – histogram widening shows rising momentum.
SAR: Parabolic dots below candles, confirming short-term uptrend.
Volume: Significant increase in volume — strong meme coin interest and breakout potential.
Trade Setup – LONG ENTRY
Entry Zone: $0.01000 – $0.01020
Targets:
TP1: $0.01042 (near high)
TP2: $0.01080
TP3: $0.01120 (if volume sustains)
Stop Loss: $0.00935 (below key support & MA level)
Risk Management
Stick to 2% capital risk per trade.
Trail stop to breakeven once TP1 is hit.
Be cautious of volatility spikes, typical in meme tokens — avoid overleveraging.
Conclusion:
$1000CAT/USDT is showing bullish continuation with strong community and volume backing. A breakout above $0.01042 could lead to rapid upside. Ideal for momentum or breakout traders looking to ride meme coin waves.
Would you like a chart visual or multi-timeframe confirmation (like 1H/4H)?
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