Cash Cat token drops to $0.046 as bearish pressure deepens

The meme‑coin Cash Cat (CASHCAT) has fallen to about $0.046, after an initial surge toward $0.20. Daily charts show a consistent downtrend, with each attempted rebound ending in a lower high.

Technical indicators remain weak: the Relative Strength Index sits near 41, below the neutral 50 level, and momentum signals favor sellers. Resistance is clustered between $0.06 and $0.08, while support near $0.045 is now critical; a break below could trigger further selling. Analysts note a lack of new buying accumulation and decreasing volatility, suggesting both buyers and sellers are losing interest. The outlook remains bearish unless broader meme‑coin sentiment improves and the price can sustain a higher low.

Both articles describe the same price trajectory and technical outlook, confirming the continued pressure on Cash Cat.