RCAT Based on the current 4-hour chart, the rising trendline that began in June 2024 is a key level to watch as it represents a long-term structural support. Price action is sitting right on or just above that trendline, which adds significance to this zone. If the price holds above it, this could signal a potential bounce not just from oversold conditions, but also a defense of the broader uptrend that has been building for nearly a year.Red Cat Holdings, Inc. stock forum
RCAT Based on the current 4-hour chart, the rising trendline that began in June 2024 is a key level to watch as it represents a long-term structural support. Price action is sitting right on or just above that trendline, which adds significance to this zone. If the price holds above it, this could signal a potential bounce not just from oversold conditions, but also a defense of the broader uptrend that has been building for nearly a year.
RCAT Nice setup for another run.
RCAT Full send to $20