$KAT Technical Analysis & Infrastructure Play 🚀
Entry Zone: 0.01015 – 0.01090
Bullish Above: 0.01170
TP1: 0.01235
TP2: 0.01311
TP3: 0.01450
SL: 0.00940
$KAT is currently in a correction phase after hitting a local peak of 0.01311 on the 4H chart. The price has retraced approximately 11% and is currently testing support near the 0.01096 level. This area is crucial as it aligns with previous structural consolidation. We are seeing a decrease in selling volume, suggesting that the bears might be losing momentum. A successful hold here, followed by a breakout above the 0.01170 resistance, would confirm a bullish reversal and target a re-test of the recent highs.