Technical Analysis Report: $CATI /USDT
Current Price: $0.5069 USDT
Resistance: $0.5850
Support: $0.4470
Long Trade: Enter above $0.5850 with targets at:
TP1: $0.6000
TP2: $0.6200
TP3: $0.6400
Stop Loss: $0.4470
The CATI/USDT pair shows a recent break below the upward trend, indicating potential shifts in momentum. After rebounding from support at $0.4470, traders should watch for a sustained move above $0.5850 to enter long positions, targeting incremental profits at $0.6000, $0.6200, and $0.6400. A stop loss should be maintained at $0.4470 to mitigate risks in case of a trend reversal.
