**$KAT** has hit exhaustion after a parabolic move to **$0.0294**. Structure is now shifting bearish on lower timeframes as smart money distributes into retail liquidity.

**Trade: Short $KAT**
* **Entry:** $0.0195 – $0.0210
* **Stop-Loss:** $0.0235
* **TP1:** $0.0175
* **TP2:** $0.0159
* **TP3:** $0.0135
**Strategy:** Play the mean reversion. Capital preservation is key—if price closes above $0.0240, the bearish thesis is invalidated. Limit risk to 1% of equity.
$KAT