Cash Cat falls 15% as outflows weaken
Share
- Cash Cat (CRYPTO:CASHCAT) fell 15% as selling pressure increased across its perpetual market.
- The token traded within a $0.093–$0.087 demand zone that supported four previous rallies.
- CoinGlass recorded $293,100 in net outflows, adding pressure as bearish indicators persisted.
Cash Cat (CRYPTO:CASHCAT) fell 15% in 24 hours as selling pressure outweighed market demand.
The token entered a $0.093–$0.087 demand zone that supported four previous rallies.
A recovery would require Cash Cat to reclaim $0.093, while a break below $0.087 could extend losses.
The Aroon Indicator showed Aroon Down at 85% against Aroon Up at 35%, favouring sellers.
The Parabolic SAR also remained above the price, indicating continued selling momentum.
CoinGlass data showed $293,100 had left Cash Cat’s perpetual market, representing more than 38% of its seven-day net outflow.
The seven-day net outflow reached $764,880 as leveraged long positions remained exposed if Cash Cat falls below $0.087.
At the time of reporting, Cash Cat price was $0.1225.
