$1000CAT is cooling out after a rejection from intraday highs, currently trying to break into a short-term area of demand. Elsewhere, momentum is stalling, with volatility contracting, often a precursor to a strong move.

Key levels

There

AgrE: 0.00306

“Resistance”: 0.00315

Yet, the maintenance of this support area by the price keeps the pattern in tact. A clean reaction at this point could unlock possibilities for a relief rally, but a breakdown could unleash a deeper pullback.

+ve Targets ????

0.00315 → 0.003

Risk Management

Risk

TL;DR or Translation of Amica SpA At the moment, it is range-bound with converging prices. A reaction is imminent as it tries to decide what to do. This is the time to be patient, awaiting confirmation before engaging. $1000CAT

1000CATUSDT

Perp

0.002986

-5.86%