$CATI at 0.07 đ„ â letâs slow this down and structure it properly.
First thing: your targets (0.044 / 0.047 / 0.053) are below 0.07, so that would actually be a short setup, not a long. If you're planning to long, targets must be above entry.
đ #CATI Technical View
If #CATI is trying to base after a long downtrend, hereâs what we need to confirm before entering:
â Signs of a Real Bottom
Higher low formation on 4H timeframe
Volume expansion on green candles
Break above last lower high (trend shift)
Strong reaction from a demand zone
If these are not confirmed, itâs still just a temporary bounce in a downtrend.
đš About 20x Leverage
20x on a coin that just came from a long downtrend = very high liquidation risk.
Example:
At 20x, a 5% move against you = liquidation.
In volatile altcoins, 5â8% swings happen in minutes.
Thatâs not a trade â thatâs gambling.
đ” If Youâre Thinking LONG
Better structured plan would look like:
Entry: Wait for breakout above local resistance (not instant buy)
TP1: Previous lower high
TP2: Supply zone above
SL: Below recent swing low
No blind market entries after a downtrend.
đŽ If You Meant SHORT
If 0.044 / 0.047 / 0.053 are targets, then this makes more sense as a distribution rejection play.
Entry should be:
Rejection from resistance
Bearish engulfing on 1H/4H
Volume spike on red candle
đŻ Final Advice
âImmediately buy nowâ after a long downtrend is how traders get trapped.
Smart money:
Waits for confirmation
Uses controlled leverage (3xâ5x max in volatile conditions)
Protects capital first
If you want, tell me:
Is this spot or futures?
What timeframe are you watching?
Where is the recent high/low?
Iâll structure a proper sniper setup for you.