$KAT still looks bearish to me in the short term.

The 4H chart is not broken, but it is losing momentum after the move toward 0.00996. Price is fading back toward 0.0093 instead of pushing higher, MACD is weakening, and the trend is no longer expanding cleanly. The 15m chart confirms it with price under MA7 and MA30, soft RSI, and repeated failed bounces. Binance spot listing and KATUSDT Perp launch gave Katana strong visibility, but the chart is not rewarding that visibility right now, and the upcoming May token unlock keeps supply pressure relevant.

Bias: Short

Entry: 0.00936–0.00945

SL: 0.00958

TP1: 0.00926

TP2: 0.00914

TP3: 0.00898

If bulls cannot reclaim 0.00945–0.00958 with force, I still treat this as fading momentum and sellable weakness.

#KAT #Katana #Futures #Trading #DeFi