$KAT Consolidation & Strategic Support 📉
Entry Zone: 0.0098 – 0.0105
Bullish Above: 0.0124
TP1: 0.0131
TP2: 0.0145
TP3: 0.0160
SL: 0.0092
$KAT is currently navigating a corrective phase on the 4H chart, trading at 0.01096 with an 11.18% decrease. After reaching a local peak at 0.01311, the price has pulled back to test the strength of the previous accumulation zone. We are seeing the price stabilize around the 0.01032 level, which served as a recent swing low. While the short-term momentum is bearish, the volume on this retracement is relatively low compared to the previous impulsive move, suggesting this may be a healthy retest before the next leg up. A breakout back above 0.01170 would be the first sign of a bullish reversal.
