$KAT (1H) - Range Rejection Short


Bias: Short
Entry (Zone): 0.00840 - 0.00846
Targets:
TP1: 0.00831
TP2: 0.00822
TP3: 0.00812
Stop Loss: 0.00853
Why this Setup:
I’m looking for a failed push into the local resistance band, since price is still reacting weakly after the bounce and the structure favors another move back into the range. I want to fade strength near this area and look for a clean continuation lower if buyers can’t reclaim the top of the recent consolidation.
KAT-0.48%
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GateUser-991f3560
· 26m ago
Haphazard analysis, but that one was accurate.
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