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$KAT | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 0.00839 to 0.00842
Stop Loss: 0.00852
Targets:
TP1: 0.00832
TP2: 0.00826
TP3: 0.00817
Invalidation:
Close above 0.00852
Why This Setup:
I’m seeing price lose momentum after the bounce into the 0.00860 area, with the market still trading below the recent local supply. I want to fade any failed retest of the 0.00840 zone for a move back toward the prior range lows.
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