Lookonchain: Trader Loses 135 ETH on CASHCAT Sale

Lookonchain reported a trader capitulated on $CASHCAT, selling 6.12M tokens for 383.6 ETH worth $735K and realizing a 135 ETH loss of $259K just one day after buying with 519 ETH.

With ETH price at $1938.81 testing upper Bollinger resistance at $1927.04 while RSI flashes overbought at 76.33, a healthy retracement to the 50-EMA support at $1801.72 seems probable before further continuation amid the MACD bullish signal at 30.52.