1000CAT bounced off the recent low of $0.01711 but is now approaching the resistance zone near $0.01900.
The recovery lacks strong volume, indicating potential weakness in the upward movement.
A rejection near $0.01900 could confirm a retracement toward support levels.
Key Levels to Watch
Resistance: $0.01900
Support: $0.01830 and $0.01780
Observation: Traders should watch for signs of rejection at $0.01900 for confirmation of short entries. Tight stop-loss management is recommended due to volatility.