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【$CATI Signal】1H bullish divergence confirmed, short entry point has appeared
$CATI 1H level MACD death cross formed, price is stagnating below 0.0486. The upper band of the 4-hour Bollinger Bands shows obvious resistance, buying pressure is absent above 0.0487.
🎯Direction: Short
⚡Entry: Short immediately at current price 0.04853, or wait for a rebound to around 0.0487 to add to the short position.
🛑Stop Loss: 0.0497
🚀Target 1: 0.0470
🚀Target 2: 0.0455
🛡️Trade Management:
- After the price reaches 0.0470, move the stop loss down to the entry price to lock in profits. Hold the remaining position toward the second target.
1-hour trading volume is shrinking, active sell orders are starting to accumulate. Open interest remains stable but the price cannot break through, indicating bullish momentum is weakening. The order book shows concentrated selling pressure in the 0.0486 to 0.0487 range. Rebounds are opportunities to add to the position. The risk-reward ratio exceeds 1:3, making this trade worth a try.
View real-time market 👇 $CATI
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