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Cash Cat drops 14% amid market sell-off and hacker theft, nearing key technical breakout point.

Technical Signals
07 Oct 2026
AMBCrypto
View Source
Bearish
Cash Cat drops 14% amid market sell-off and hacker theft, nearing key technical breakout point.

Cash Cat (CASHCAT) fell over 14% in 24 hours, extending weekly losses to 21% and monthly drawdown to 40%, driven by a broader crypto market sell-off and a hacker stealing millions of CASHCAT tokens. The memecoin's price decline is linked to Robinhood Chain's falling DEX volume and added selling pressure from an airdrop claim. Technically, CASHCAT is near the apex of a falling wedge pattern, with potential to rally above $0.28 if resistance breaks, but downside risk remains with key support levels at $0.10, $0.08, and $0.04. Whale buying suggests the correction phase might be ending soon.

While CASHCAT faces a steep decline, BNB on Pluang shows a milder drop of 1.36%, trading at Rp13.773.050. The market still sees more buying than selling, with 55% buy orders and a typical hold time of 89 days. These figures are current as of Oct 08, 2026 05:22 WIB.

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