Unleashing the $CAT: Waiting for the Purr-fect Move!

Oct 7, 2024

Price looks to be stabilizing. I've posted other CAT charts previously, so please check them for better reference.

This one is fresh, and I think it’s on the verge of making a strong move, similar to the other cat memes.

From a technical perspective, I like seeing the price stay above the 0.000028 zone, so I’m bidding everything close to that area.

If it starts trading below that zone, I’ll assume it’s not ready to move.

Overall, I’m just following the cat meme trend, and this one has barely moved. Maybe BNB needs to explode for this to move along with it.

Oct 7, 2024

Trade active

First bids filled

Oct 7, 2024

Note

Only need BNB to take over the monthly open, and this will start running.

Gut feeling says the idea might be invalidated, but it still represents a solid technical setup.

Oct 8, 2024

Trade active

Would love for this to be the low

Oct 12, 2024

Trade closed manually

I knew this trade had a weak setup. With BNB doing absolutely nothing, there was no point in entering.

It seems like we’re finally seeing some constructive price action.

I’ll be opening a new post to close this one and pin it as a reminder to trust my gut feeling.

A good Loss to remember!