CASHCAT surged 40.78% to $0.1612 with $45.6 million in volume, up 58.68% over 24 hours. Holder count approached 50,000 while short liquidations reached $307,390 versus only $8.20 for long positions, revealing intense pressure on bears. Open Interest jumped 47.15% to $33.87 million alongside a positive funding rate of 0.2305%, signaling crowded bullish positioning at higher levels. Immediate resistance stands at $0.1739, where a breakout would confirm a technical breakout with a potential target at $0.25.
Source: Read the original article
