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$KAT (1h) - Mean Reversion Short
Bias: Short
Entry (Zone): 0.00822 - 0.00828
Targets:
TP1: 0.00812
TP2: 0.00803
TP3: 0.00794
Stop Loss: 0.00836
Why this Setup:
I’m looking to fade the failed bounce after the sharp selloff and recent weak consolidation. Price is still making lower highs, and I want a clean rejection from the 0.0082 area with room for a move back into the prior support pockets.
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