Everyone's expecting a flush down to $0.10 after $CASHCAT's 22% surge, but I think the coiled energy above $0.12 is worth watching.
$CASHCAT - LONG
Entry: 0.1364 – 0.1380
SL: 0.1240
TP1: 0.1420
TP2: 0.1480
TP3: 0.1520
Why this setup?
* RSI on the 1H is 68.2, indicating a potential squeeze
* ATR on the 4H is 0.0045, suggesting increased volatility
* My bias confidence is 70% due to the reclaim of the $0.12 level
* Timeframe divergence on the 15m and 1H charts is minimal.
Debate: Are you fading the breakout above $0.14 or riding the momentum?
$CASHCAT