That sudden 1m flush down to 0.08627 caught over-leveraged longs off guard, but the immediate push back above 0.09243 indicates real spot absorption. Short-term RSI plunged down to oversold levels near 12, which frequently triggers sharp mean-reversion bounces when order books carry enough depth. Checking the bid ask spread for $CASHCAT on BingX shows buys holding slightly ahead at 52% against 48% sells. When trading newly listed tokens, tracking how fast local wicks get bought tells you far more about market health than social hype