$CATI
/USDT - Bullish reversal indicators after strong support level consolidation
Price driver $CATI has successfully defended its lowest level at 0.0865, bouncing back, and is currently stabilizing around 0.0888. The chart shows buyers entering with higher lows forming, indicating a potential short-term reversal. If the price maintains above 0.0880, it is likely to move towards 0.0900 and 0.0919, with further upside potential to re-test the resistance level between 0.0932 and 0.0954.
Buy trade setup:
Entry zone: 0.0880 - 0.0890
Targets: 0.0900 / 0.0919 / 0.0932 / 0.0954
Stop loss: Below 0.0860
Defending the main support level and signs of accumulation indicate a shift in momentum towards bullishness. Holding above 0.0880 may lead to a sudden rise.