$CATI is pushing higher, but the pullback is where I’m watching closely. 👀
Price is currently around 0.05434, after climbing steadily from the 0.0533–0.0538 area and printing a recent high near 0.05457. What caught my attention is that buyers pushed price above the MA60 at 0.05361, and that moving average is still rising.
For me, the key zone now is 0.05432–0.05457. Holding above this area would keep the short-term structure constructive, while 0.05457 is the clearest visible resistance from the recent move.
📈 Bullish scenario: I’d want to see CATI reclaim and hold above 0.05457 with stronger buying volume. That would show buyers are still willing to push after the pullback.
📉 Weakness scenario: Losing the 0.05432 area would make me more cautious, especially if price starts moving back toward the rising MA60 at 0.05361.
Volume shows several noticeable spikes during the move, but the latest activity is much quieter.
I’m not chasing here—I’d rather see confirmation around the visible resistance before considering an entry. 🔎
Price is currently around 0.05434, after climbing steadily from the 0.0533–0.0538 area and printing a recent high near 0.05457. What caught my attention is that buyers pushed price above the MA60 at 0.05361, and that moving average is still rising.
For me, the key zone now is 0.05432–0.05457. Holding above this area would keep the short-term structure constructive, while 0.05457 is the clearest visible resistance from the recent move.
📈 Bullish scenario: I’d want to see CATI reclaim and hold above 0.05457 with stronger buying volume. That would show buyers are still willing to push after the pullback.
📉 Weakness scenario: Losing the 0.05432 area would make me more cautious, especially if price starts moving back toward the rising MA60 at 0.05361.
Volume shows several noticeable spikes during the move, but the latest activity is much quieter.
I’m not chasing here—I’d rather see confirmation around the visible resistance before considering an entry. 🔎