CASHCAT hit a record high at $0.254 on August 26 before dropping 12.52% in 24 hours, with trading volume falling 18.43% to $64.79 million. The Altcoin Season Index dropped to 35, indicating a noticeable shift in investor risk appetite, while the funding rate plummeted from 0.33% to 0.0077%, revealing reduced demand for leveraged positions. The price was trading around $0.21651 at press time, with the crucial $0.19768 support level becoming the key level to defend to maintain the recovery structure. Technical indicators show RSI at 65.51 and MACD still positive at 0.02904, but bullish strength is gradually fading.
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