📈 Analysis and forecast for $CATI : is it time to enter? 🚀
As of May 23, 2025, 17:27 EEST, the price of $CATI on Binance is $0.11, with a drop of 6% over the last 24 hours. The trading volume for the day is around $23.6M, and the market capitalization is $37.5M (with a circulating supply of 325.8M CATI). Sentiment on X is mixed: some users see potential after the correction, while others expect further decline.
Technically, $CATI is in a downtrend. On the 4-hour chart, the price has dropped below the 50-day moving average ($0.12), and the RSI (14) at 42 indicates bearish momentum with an oversold zone. Key levels: support at $0.09, resistance at $0.12. A breakout above $0.12 could push the price to $0.15, but a drop below $0.09 would increase pressure towards $0.08.
Forecast: in the short term (by the end of May), CATI may correct to $0.09 if the pressure persists. By July 2025, a rebound to $0.15 is possible with increased interest in Telegram gaming and TON. The long-term target for 2026 is $0.50+, provided the Catizen ecosystem expands. Fundamentally, the project supports 37M users, but the recent correction is related to dissatisfaction with airdrops.
Is it time to enter? After a 6% drop and the current price of $0.11, entry is possible in the $0.09–$0.10 zone with a stop-loss below $0.08. This offers a good risk/reward (1:3). For long-term investors, the current level is attractive, but watch the volumes and news. High volatility requires caution! #CATI #Binance #CryptoAnalysis
