$KAT /USDT REJECTION FROM SUPPLY ZONE
SHORT TRADE ⚡️
Entry Range: 0.01100 – 0.01120
Stop Loss: 0.01160
Targets:
TP1: 0.01070
TP2: 0.01050
TP3: 0.01020
Price showed a strong push upward into a marked supply zone, followed by immediate rejection and loss of momentum. The formation of lower highs and weak continuation signals distribution, favoring a downside move from current levels.
Outlook:
Market is facing strong resistance near 0.0115, and failure to break above keeps bearish pressure intact. Continued rejection here can lead to further downside. Invalidation occurs on a breakout above the stop loss.