1000cat / usdt : Keep a close watch for rejection or breakout

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1000CAT/USDT Analysis:

1000CAT/USDT is currently testing horizontal resistance and is near a potential breakout from the trendline resistance. This is a crucial level to watch for either a rejection or a breakout.

Key Levels:

Horizontal Resistance: Current price level.

Trendline Resistance: Near breakout.


Scenario 1: Breakout:
If the price breaks above both resistance levels, it could lead to a strong bullish move. Watch for confirmation on higher timeframes.

Scenario 2: Rejection:
If the price fails to break through and gets rejected at these levels, a pullback or reversal could occur.

Tip: Keep an eye on volume and confirmation candles to validate the breakout or rejection.

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تم فتح الصفقة

1000CAT/USDT up 60% after breakout, demonstrating strong potential. Keep an eye on the retest phase for confirmation. Congrats to those who followed the chart! Stay vigilant for the next move.