$CATI Update [4H] 🩸

Structure: BEARISH

Pattern: Rectangular Consolidation

Conviction: High 🔥

🧱 Key Zones:

Res: 0.06400 | 0.06800

Sup: 0.05700 | 0.05500

🧠 The Setup:

CATI is currently ranging in a tight consolidation box after a significant downtrend. Macro trend remains bearish. Price needs to reclaim the 0.06400 level to show strength, otherwise, a break below current range support could lead to further liquidity grabs. Volume is relatively low within the range, indicating indecision.

⚡️ Scenarios:

🟢 Bull: Reclaim 0.06400 -> Target 0.06800-0.07200 zone.

🔴 Bear: Lose 0.05700 -> Dump to 0.05500 and potentially lower.

NFA. DYOR. 🥂

#CATI #Crypto #PriceAction #Trading