$KAT bias: LONG.
The chart is extended, but the catalyst is stronger than the fear: KAT is trading massive spot volume relative to its market cap, with reports of exchange volume exploding over 1,400%. That is why the move is happening now — real buyers are forcing repricing while shorts try to fade a vertical trend.
Entry: 0.0218–0.0226
SL: 0.0206 hard invalidation
TP1: 0.0235
TP2: 0.0258
TP3: 0.0295
The trap is simple: traders short “overbought” while spot buyers keep removing supply.