$1000CAT
/USDT Trading Signal – Bearish Pressure with Rebound Potential
Entry Zone: $0.01270 - $0.01290
Targets:
Target 1: $0.01320
Target 2: $0.01350
Stop Loss: Below $0.01250
$1000CAT/USDT is currently facing significant bearish pressure, trading around $0.01288 after a steep drop of 16.63%. The price recently bounced from its 24h low of $0.01264, indicating potential for a short-term rebound. However, the asset is still trading below key moving averages (MA7, MA25, and MA99), signaling caution.
A breakout above $0.01290 could trigger a move toward $0.01320 and possibly $0.01350 if buying momentum picks up. Conversely, failure to maintain above $0.01270 may lead to a retest of lower support at $0.01250. Watch for volume surges to confirm a bullish reversal.