Descent into the Abyss for $CATI (6h) — Shadows Closing In
The ring darkens as $CATI hovers precariously above a critical lifeline. Will strength flicker or plunge ignite the fall deeper into the void?
$CATI finds itself under bearish pressure, teetering just above key support near 0.0490 amidst waning momentum. Without a clear bullish reversal signal—such as a robust pin bar or engulfing candle on lower timeframes—the price is primed to journey lower, eyeing the next support around 0.0348. A dramatic turnaround requires breaking and reclaiming recent swing lows with conviction. Resistance looms near 0.0871, which, if breached with force, could hint at a potential shift in tides. Until then, bears hold the upper hand.
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