🚨 $CATI | BREAKDOWN SETUP 🔴
After breaking the upward trend line and the main moving average, $CATI enters a strong bearish wave with increased selling pressure.
🔴 Entry zone: $0.04900– $0.04980
🎯 Targets:
TP1: $0.04791
TP2: $0.04724
TP3: $0.04644
🛑 Scenario invalidation: $0.05060 (price returns and closes above the broken trend line)
📌 Scenario: We wait for a short retest toward the breakout area at $0.04900– $0.04980 to reject price there, followed by completing the downward move gradually toward the specified support targets.
⚠️ Note: The bearish momentum is strong after the bullish structure breaks, so it’s best to wait for the retest and confirm rejection rather than chasing prices at the lows.
After breaking the upward trend line and the main moving average, $CATI enters a strong bearish wave with increased selling pressure.
🔴 Entry zone: $0.04900– $0.04980
🎯 Targets:
TP1: $0.04791
TP2: $0.04724
TP3: $0.04644
🛑 Scenario invalidation: $0.05060 (price returns and closes above the broken trend line)
📌 Scenario: We wait for a short retest toward the breakout area at $0.04900– $0.04980 to reject price there, followed by completing the downward move gradually toward the specified support targets.
⚠️ Note: The bearish momentum is strong after the bullish structure breaks, so it’s best to wait for the retest and confirm rejection rather than chasing prices at the lows.
