๐จ **Bearish Alert on CATI** ๐จ
Catizen ($CATI ) is facing heavy **bearish pressure**, dropping by **12.74%** in the past 24 hours to **$0.3727**. This marks a new all-time low of **$0.3676**. CATI has now lost more than **50%** in the last 30 days, and short-term indicators suggest further downside risk.
๐ **Key Market Stats**:
- **Market Cap**: $76.71M
- **Circulating Supply**: 206M
- **24H High**: $0.4315
- **24H Low**: $0.3676
๐ก **Technical Analysis**:
- **Moving Averages** (50-day & 200-day): Both indicate a **strong sell**, with bearish trends dominating the chart.
- **Oscillators**: Point towards **oversold** conditions, signaling caution for buyers as there may still be downward momentum.
- **Momentum Indicators**: Bearish, with no significant support levels in sight. The overall technical rating is **bearish**, indicating potential for further declines.
Despite the promising play-to-earn model and upcoming ecosystem expansions, **market sentiment remains negative**. Traders should be cautious as the token struggles to stabilize amid these conditions.
