Guys….$CATI on the 4H chart is clearly in a downtrend.
After rejecting 0.0438, price has been printing lower highs and lower lows. Supertrend is red at 0.0408, acting as dynamic resistance, and price is trading below it at 0.0391 that keeps short-term bias bearish.
Key levels:
Immediate resistance: 0.0403–0.0408
Major resistance: 0.0416
Support: 0.0380–0.0381
Breakdown level: below 0.038
If CATI fails to reclaim 0.0408, sellers likely push it back toward 0.038 again. A clean break below 0.038 can open room toward 0.036–0.035.
For any bullish reversal, price must first reclaim and hold above 0.0416. Until that happens, this looks like a weak bounce inside a broader downtrend.
Right now structure favors continuation down unless resistance gets flipped.
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