#CATI has formed a Descending Broadening Wedge pattern on the daily chart — a potential bullish setup. 📈
📍 Buy Zone:
Between $0.1141 and $0.0978
(Daily MA50 and EMA50 are providing strong support in this range.)
If a breakout occurs above the wedge resistance, the upside targets are:
🎯 $0.1403
🎯 $0.1590
🎯 $0.1828
🎯 $0.2070
🎯 $0.2389
🎯 $0.2844
🎯 $0.3423
⚠️ Use a tight stop-loss to manage risk and protect your capital.
📍 Buy Zone:
Between $0.1141 and $0.0978
(Daily MA50 and EMA50 are providing strong support in this range.)
If a breakout occurs above the wedge resistance, the upside targets are:
🎯 $0.1403
🎯 $0.1590
🎯 $0.1828
🎯 $0.2070
🎯 $0.2389
🎯 $0.2844
🎯 $0.3423
⚠️ Use a tight stop-loss to manage risk and protect your capital.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.