$KAT showing exhaustion after a parabolic move



Short $KAT

Entry: 0.024 – 0.0265
SL: 0.0285

TP1: 0.022
TP2: 0.020
TP3: 0.017
TP4: 0.015

Why:
Price went vertical with no proper pullbacks and is now rejecting from the highs around 0.030. RSI is overbought and starting to cool off, while volume is fading after the spike typical signs of exhaustion. This kind of move usually retraces back toward MA25 before any continuation.

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{future}(KATUSDT)
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