$CATI – BEARISH REVERSAL IN PLAY!
$CATI tested 0.0890 – 0.0897 but faced rejection, now trading at 0.0876 (+2.10%) after a strong red candle signals selling pressure. Despite recent recovery from 0.0845, buyers failed to hold momentum at resistance, showing weakness at higher levels. If price slips below 0.0870, a move toward 0.0860 – 0.0845 is likely. Unless bulls reclaim 0.0890+, the short-term trend favors sellers.
Trade Setup
🔻 Short Entry: 0.0875 – 0.0885
🎯 Targets: 0.0860 / 0.0850 / 0.0845
❌ Stop Loss: Above 0.0895
Clear rejection at resistance suggests bearish continuation — caution for longs.