1. Summary

$1000CAT Short-term bias neutral → technical bounce if support holds.

• The price range is fluctuating around 0.0076; the drop just touched the nearest support.

2. Analysis

1H leaning bearish, near support at 0.00756 (below at 0.00744), resistance at 0.00810 and 0.00857. RSI(6) ~46 — neutral; volume cooling down → a strong break is needed to change the trend. Memecoin sentiment balanced: dip-buyers waiting for retest, while cautious traders await confirmation.

3. Strategy

  • Entry: Probe long when 1H closes > 0.00810 (break & hold) or buy on reaction if there is clear wick rejection at 0.00750–0.00760 with increased volume.

  • Stop-loss: 0.00740 (below the support cluster 0.00756/0.00744).

  • TP1/TP2: TP1 = 0.00810, TP2 = 0.00857.

  • Exit triggers: exit early if there is large money flow into CEX, negative news, or a strong sell candle breaks 0.00756 without a bounce.