Cate Price Prediction: CATE Plummets 22% As Analyst Says This New SHIB 2.0 Presale Could ”Make Millionaires”
The Cate price has plummeted 22% in the last 24 hours to trade at $0.01907 as of 3:20 a.m. EST on a 30% surge in trading volume to $19 million. Cate Price Signals A Bullish Rebound The Cate price chart indicates a rounded top, which is a bearish reversal signal. It shows a gradual shift from buying to selling pressure. The price peaked at around $0.050 before gradually declining, signaling weakening momentum. However, the presence of a double bottom around $0.01847 suggests the possibility of a bullish reversal. This level has been tested twice and has held, implying that if prices remain above it, a rebound could be likely. CATEUSD Analysis Source: Dextools.io Technical Indicators Signal Potential Further Declines Currently, the price is trading below both the 50-period moving average (SMA 50) at $0.02153 and the 200-period moving average (SMA 200), confirming both short-term and long-term downtrends. The downward slope of the MA 50 further supports the bearish ...
