Cash Cat surged 22.36% in 24 hours with trading volume reaching $27.94 million. A whale spent $1 million to acquire 16.02 million CASHCAT tokens through Uniswap, highlighting deliberate accumulation rather than fragmented buying. Open Interest rose 31.35% to $16.20 million, indicating fresh capital entering futures markets and reinforcing the bullish advance. Funding rates remained positive at 0.0638%, reflecting sustained confidence among long-position holders. CASHCAT is consolidating above the $0.0853 support level with $0.1080 as the next key resistance to watch, though the RSI at 75.20 signals overbought conditions that could trigger short-term volatility.
Source: Read the original article

