$CATI CATI/USDT current price is 0.3414, overall in a downward channel, the MA(7) and MA(25) moving averages are also above the price, forming pressure on the price, indicating that there is still downward pressure in the short term. The RSI indicators (6, 12, 24) are all at low levels but have not entered the oversold zone, and the MACD is also below the zero axis, indicating that the bearish trend has not completely ended.
Suggested actions:
Short: Try to open a short position around 0.345, set the stop loss above 0.360, and the take profit target can be aimed at around 0.310.
Long: If the price breaks through 0.350 and holds, consider opening a long position, with a stop loss at 0.335, and the take profit target can be set around 0.380.
The market sentiment is weak, it is recommended to operate with a light position and set a stop loss to control risk.
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CATIUSDT
Perp
0.0606
-2.17%
BTCUSDT
Perp
90,002.8
+0.63%
ETHUSDT
Perp
3,080.5
+1.28%