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$KAT (1h) - Range Breakdown Short
Bias: Short
Entry (Zone): 0.00858 - 0.00862
Targets:
TP1: 0.00848
TP2: 0.00838
TP3: 0.00826
Stop Loss: 0.00870
Why this Setup:
I’m still favoring the short side while price holds below the recent 0.00865 - 0.00870 rejection zone. The chart is showing a choppy range with weak follow-through, so I want a clean break and failure back under resistance before targeting the prior intraday lows.