š¾ $1000CAT /USDT ā BEARISH PAWS BACK IN CONTROL? š¾
$1000CAT is down -7.43%, currently trading at $0.00698 after failing to break the resistance zone at $0.00769.
The price is now struggling below all key MAs ā 7MA ($0.00711), 25MA ($0.00794), and 99MA ($0.00729) ā signaling continued weakness.
Although the coin bounced from a low of $0.00544, the recent rejection indicates a lack of strong bullish momentum.
Traders should watch the $0.00690ā$0.00700 zone ā if it breaks, we may revisit lower supports.
High 24h volume (280M) suggests volatility is present, so tight risk management is essential.
š Trading Plan (Short Bias Strategy)
⢠Short Entry: $0.00710 ā $0.00730
⢠Take Profit 1: $0.00655
⢠Take Profit 2: $0.00610
⢠Take Profit 3: $0.00555
⢠Stop Loss: $0.00780
š° Capital Risk Suggestion: Use 3ā5% of your portfolio due to volatility in meme tokens.
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