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$KAT | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 0.00820 to 0.00828
Stop Loss: 0.00836
Targets:
TP1: 0.00810
TP2: 0.00800
TP3: 0.00792
Invalidation:
Close above 0.00836
Why This Setup:
I’m shorting the failed bounce under the recent 1h lower high, where price is still trading below prior support and volume has not confirmed a reversal. I want continuation toward the local range lows if sellers defend the 0.00820 to 0.00828 area.
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