- Catizen (CATI) continues to respect its ascending channel, with each lower boundary touch triggering rebounds that reinforce bullish sentiment across the market.
- Trading near $0.090, CATI sits above key EMAs, with a push beyond the channel midline likely to accelerate momentum toward $0.11–$0.12.
- A breakdown below $0.088 would invalidate the channel structure, exposing CATI to deeper declines near $0.08 as bears regain short-term control.
Catizen (CATI) is holding steady at $0.08834 after a 1.99% daily rise, despite a mild weekly dip. Trading within an ascending channel, bulls continue to defend $0.09 support, leaving traders watching closely for a breakout that could ignite CATI’s next strong directional move.
Bulls Defend Channel Support
According to Alpha Crypto Signal, CATI has continued to respect its ascending channel on the daily timeframe. Every touch of the lower boundary has triggered a bounce, and the latest reaction is no different. Price is currently trading around $0.0900, just above the 9-day EMA at $0.0901 and 50-day SMA at $0.0906, confirming a critical decision area.
Since mid-June, the token has shown a textbook uptrend structure with higher lows and higher highs. Rejections near $0.11–$0.12 have capped rallies, but steady recoveries from channel support highlight strong accumulation. As long as the structure holds, the bullish bias remains alive.
Key Levels To Watch
CATI’s September rally stalled near $0.125 before slipping toward the channel floor. Buyers have since stepped in, stabilizing the price around $0.088–$0.090.
If CATI climbs above the channel’s midline, it may target $0.11, with a stronger breakout opening room toward $0.12. Yet, slipping below $0.088 support could cancel the bullish outlook and drive the token down to $0.08–$0.075, signaling a possible structural shift.
Market Context
Data from CoinMarketCap shows Catizen’s market cap fluctuated between $17.5M and $20M between September 10–17.A peak above $20M on September 13 reflected buying pressure but was followed by a sharp correction. Trading volume also spiked during this move, reinforcing that there is genuine demand rather than speculative activity.
Despite the short-term volatility, CATI’s overall trend since June remains within its channel. Traders continue to monitor both support and midline resistance for signals of the next decisive move.
