Cash Cat (CASHCAT) traded at $0.1964 on July 11, recording a 0.20 % rise while holding within a sharply inclined ascending channel after a parabolic surge that delivered one of the most dramatic returns among recent meme coins.
Price Action Overview
The 30‑minute chart on TradingView shows CASHCAT confined to a steep channel that began on July 9. A brief breakout on July 11 pushed the price to $0.2200 before the asset retreated to the current consolidation zone near $0.1964.
Support and Resistance
Key support rests at the lower trendline of the channel around $0.1600, reinforced by the intraday low of $0.1930. Resistance aligns with the upper channel boundary close to $0.2200, matching the recent spike high.
Derivative Activity and Liquidations
Coinglass data reveals that derivative volume surged 262.74 % to $16.74 million, while open interest leapt 355.07 % to $5.48 million, indicating fresh leveraged capital entering the market. Liquidation statistics show short positions bearing the brunt, with $56.37 k liquidated on the short side versus $2.15 k on longs over 24 hours, and $52.05 k of shorts liquidated within the last 12 hours while longs faced no liquidations.