$CATI /𝐔𝐒𝐃𝐓 𝐏𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐚 𝐑𝐞𝐛𝐨𝐮𝐧𝐝? 𝐊𝐞𝐲 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐋𝐞𝐯𝐞𝐥𝐬 𝐚𝐧𝐝 𝐓𝐫𝐚𝐝𝐞 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐘𝐨𝐮 𝐂𝐚𝐧’𝐭 𝐌𝐢𝐬𝐬
The $CATI /USDT chart shows a bearish trend, with a price drop of 6.60%, currently at 0.7650. Despite recent volatility, there is strong support around 0.7280, which may present a potential buy opportunity for short-term traders. A stop-loss around 0.7200 is advised to manage risk, with take-profit targets at 0.7800 and 0.8200 if the price rebounds. Resistance at 0.7914 remains key, as a break above this could lead to a bullish reversal.
For new investments, an accumulation strategy at support levels is suggested, capitalizing on potential long-term growth if the market sentiment shifts positively.
