$KAT Dump Done or More Pain Ahead? Reversal Zone in Play?
Long $KAT
• Entry: 0.01260 – 0.01290
• Stop Loss: 0.01210
Targets:
• TP1: 0.0160
• TP2: 0.0195
• TP3: 0.0240
KAT has undergone a sharp correction after its parabolic rally toward the 0.024 zone, dropping nearly 46% and now stabilizing around the 0.0126 – 0.0128 demand area.
Price action is showing early signs of selling exhaustion, with weaker downside momentum and small recovery wicks forming — often a signal of potential bottoming.
This zone aligns with previous breakout structure and psychological support, making it a high-risk/high-reward bounce area if buyers step in.
The bullish scenario remains valid as long as we hold above 0.0121. A strong reclaim above 0.0145 with volume could trigger a continuation toward higher targets.
Manage risk strictly — this is a volatility-driven setup.
Trade $KAT here 👇🏻
