1. Summary
$1000CAT is trading in a side-ways phase / technical pullback after a strong increase; needs volume or a sustained retest to trust in the next upward trend.
• Catalyst: listing + Binance HODLer-airdrop; tokenomics has a very large total supply (consider distribution risk).
2. Analysis
price bounced from the peak ~0.00970 and then decreased, currently consolidating around ~0.0077; short MA has crossed, price is below MA99 → medium-term has not reversed.
Indicator: RSI(1H) on the chart ~20–25 — close to oversold area; needs confirmation candle + increased volume to confirm reversal.
Volume & sentiment: volume after a large spike has cooled down, previous volatility is clearly linked to listing/airdrop — inflow/outflow from large holders or airdrop programs can cause quick sell-offs.
3. Strategy
Entry (conservative): wait for pullback 0.00740–0.00730 and enter when there is a 1H close candle confirmation + slight volume increase.
Entry (breakout): enter when 1H close > 0.00810–0.00820 with volume > 24h average — confirming a breakout above resistance.
Stop-loss: pullback SL 0.00710 (below local buffer low); breakout SL 0.00750 (retest fail).
TP1 / TP2: TP1 = 0.00970 (local high), TP2 = 0.011–0.012 (open target — lower TP if market depth is thin or distribution appears).
Exit triggers: large amounts of tokens transferring to CEX / airdrop distribution announcement / spike increase without volume — exit immediately.