$CATI is stabilizing after a sharp capitulation move from the $0.0601 high to the $0.0421 low. Since then, price has entered a consolidation range and is now forming a series of higher lows around the $0.0470–$0.0480 area. The recent recovery toward $0.0492 suggests buyers are gradually regaining control, with a breakout above range resistance needed to confirm a stronger bullish reversal.
Setup:
• Entry: $0.0485 – $0.0495
• Target 1: $0.0520
• Target 2: $0.0550
• Target 3: $0.0600
• Stop-Loss: $0.0465
Momentum Outlook: RSI has recovered back above 50, indicating improving momentum after the prolonged consolidation phase. Holding above $0.0480 keeps the recovery structure intact, while a decisive breakout above $0.0505 could trigger fresh buying interest and open the path toward the $0.0550–$0.0600 resistance zone. 🚀📈
Trade #CATI here
CATI
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