For $CATI /USDT on the 15-minute chart, the current price is 0.4126, showing a solid gain of 22.54%.
The key resistance level to watch is at 0.4700; a breakout above this level could signal the continuation of a bullish trend.
On the downside, the support level stands at 0.3935, acting as a critical zone to maintain price stability. An optimal entry for a long trade could be around 0.4100 to 0.4150, aligning with current price action.
The take-profit (TP) targets are set at 0.4400 for TP1, 0.4600 for TP2, and 0.4800 for TP3, allowing traders to capture gains progressively.
To manage risk, a stop loss (SL) should be positioned at 0.3850 to safeguard against unexpected price dips.
This setup aims to balance potential profit while minimizing downside risk.
