$CATI Facing Strong Selling Pressure – Bear Side Temporarily Gains the Upper Hand


After a fairly rapid increase, $CATI has reached the resistance zone around 0.049 and immediately experienced strong selling pressure. The price was clearly rejected at this area, indicating that the buyers are not strong enough to sustain the upward momentum and the sellers are gradually regaining control in the short term.
Currently, the upward momentum is weakening, and the volume is no longer as explosive as before. If the price continues to stay below 0.0495, the downward pressure may persist. Especially, when the 0.0475 level is broken, there is a high chance that the price will continue to adjust further down to a lower target zone.
🔻 Trading strategy (Short):
⟶ Entry zone: 0.0480 – 0.0490
⛔ Stop Loss: 0.0502
• Take Profit: 0.0472 – 0.0467
Investors should wait for clear confirmation signals before entering trades to limit noise risk. Tight capital management and disciplined trading are crucial factors in the context of a highly volatile market.
{future}(CATIUSDT)
CATI7.87%
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