Just been watching KAT and it's looking pretty solid right now. Price is holding above key support and building higher lows, which is exactly what you want to see before a move up. Buyers keep stepping in on dips - classic accumulation pattern.



If we can hold above 0.0087, there's decent room to run. I'd be watching for a move toward 0.0092 as the first target, then potentially 0.0096 and higher. Current price sitting around 0.01 after that recent pullback, so we're in a decent entry zone right now.

The structure looks clean for a long setup. Risk would be a close below 0.0082, but as long as that holds, momentum should build and we'll probably see liquidity get hit above these recent highs. Could be a nice runner if buyers keep showing up.

Anyone else watching this one? Looks like a potential breakout setup to me.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin