This chart provides a CATI/USDT analysis on the 12-hour timeframe, showing a potential bullish continuation pattern. Here's the breakdown:
Key Observations Bullish Trend Setup:
CATI is in a strong upward trajectory, with price respecting the ascending trend channel. After a pullback, the price is forming a potential cup-and-handle structure, signaling a continuation of the bullish trend. Targets (Resistance Levels):
T1: $0.8579 – The nearest resistance and a key breakout level. T2: $1.1673 – Intermediate target based on the measured move. T3: $1.4378 – Long-term target if bullish momentum persists.