The smart money is positioning for a massive supply squeeze on ($CATI) while retail is still hesitating on the sidelines. 🐋
$CATI – LONG
Trade Plan 🎯
Entry: $0.05262 – $0.04960 (Retest zone)
SL: $0.04600 (Below SuperTrend support)
TP1: $0.05800
TP2: $0.06450
TP3: $0.07200
Why this setup? 🧐
Strong Bullish Trend: We’ve officially flipped the market structure with a clean break above consolidation. The SuperTrend has turned green and is acting as a dynamic floor.
Momentum Strength: RSI(6) is at 81.8, showing extreme buyer dominance. While hot, the volume trend suggests we are in an impulsive wave that’s just getting started.
Liquidity Gap: There is very little historical resistance above the current local high. Once $0.05422 clears, it’s a fast move to the next major psychological level.
Is this the start of a parabolic run, or will the RSI need to cool off first? Let me know your bias below! 👇
Watching this closely 👀
