Cash Cat drops 15% – Can the memecoin’s $0.087 support survive?

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Cash Cat (CASHCAT) fell 15% in one day as selling pressure overwhelmed market demand. The token remains within a demand zone between $0.093 and $0.087, a level that had triggered four previous rallies. The perpetual market recorded capital outflows of $293,100, representing over 38% of the $764,880 already out over seven days. Technical indicators remain bearish: Aroon Down stands at 85% versus 35% for Aroon Up, and the Parabolic SAR sits above the price. Without a demand recovery, a break below $0.087 would expose CASHCAT to further losses.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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