CAT ANALYSIS (4H)

Note: This is a buy/long setup, do not use this analysis as a sell/short setup.

It's a meme coin, it's been bullish since listing on exchanges.

Bullish waves show a diametric pattern.

Now it looks like wave D is over and price is at the beginning of wave E.

The price has been inflated for now, we have to wait for the retest of the green range to enter.

We will look for buy/long positions in the green range

Closing a daily candle below the invalidation level will violate this analysis

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

Transaction en cours

It dropped more than 38% from the red box

It hunted our support zone but did not reach the invalidation level and then moved up more than 40% from our entry range.

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