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$KAT (1h) - Range Breakdown Short
Bias: Short
Entry (Zone): 0.00940 - 0.00948
Targets:
TP1: 0.00932
TP2: 0.00924
TP3: 0.00915
Stop Loss: 0.00961
Why this Setup:
I’m shorting the lower end of the current range because momentum is still weak and price keeps failing to reclaim the recent intraday highs. I want a rejection from this zone for a move back toward the next support levels, while keeping the invalidation just above the range top.
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