$CATI Analysis
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CATI/USDT Technical Breakdown: Is the Bearish Trend Over? ๐จ
CATI is currently trading at $0.4595, down 17.58% in the last 24 hours, signaling strong selling pressure. After hitting a 24h low of $0.4490, it appears to be testing support in this region. If the price holds above $0.4490, we might see a potential bounce toward $0.4695, the next key resistance. However, a break below support could push the price lower.
The MACD remains in bearish territory, showing no sign of immediate reversal. As the 7-day loss of 40.52% suggests, this downtrend has been consistent, making risk management essential for traders.