$CASHCAT : Is This the Start of a Bigger Move?
CASHCAT is showing signs of a short-term recovery after bouncing from the $0.1080 area. Buyers pushed price toward $0.1129, but the latest candle shows some selling pressure.
MARKET STRUCTURE
DOWNTREND → Previous selling pressure ACCUMULATION → Buyers defend the $0.1080 zone PRE-BULL → Recovery toward $0.1129 BULL RUN → Possible confirmation above $0.1146 WE ARE HERE → Testing the $0.1115 area
KEY LEVELS
* Resistance: $0.1129 – $0.1146
* Support: $0.1105 – $0.1081
* Current Price: $0.1115
A breakout above resistance could strengthen bullish momentum, while losing support may bring another pullback.
Is CASHCAT preparing for its next move, or will sellers take control? What do you think?
Disclaimer: Technical analysis is speculative, not financial advice.
