$KAT Facing Rejection — Sellers Regaining Control 📉
Trade Plan: SHORT
Entry Zone: $0.01310 – $0.01380
Stop Loss: $0.01520
Targets:
TP1: $0.01120
TP2: $0.00940
TP3: $0.00710
After the sharp rally, $KAT is now showing clear exhaustion near the top range. Price failed multiple times to sustain above the key resistance zone, signaling weak buyer commitment.
The structure is shifting bearish on lower timeframes — lower highs forming while volume is drying up on bounces. This typically indicates distribution rather than accumulation.
As long as price stays capped below $0.015, probability favors a continuation move downward. Liquidity is stacked below, making downside sweeps toward deeper levels likely.
Smart money often exits during these slow consolidations after a pump — and this looks like one of those phases
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