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📉 $KAT – The downtrend persists in the cryptocurrency market.
🔴 $KAT SHORT
🎯 Entry: 0.005440 – 0.005447
🛑 Stop Loss: 0.005783
🎯 TP: 0.004929 - 0.004680 - 0.004425
🧠 Plan & Logic
A strong downtrend is evident across various time frames, from 1d to 5m, and the recent 1h bearish structure reinforces the short-term bearish. Price action is reacting near an important level, so risk management matters here. The setup depends on confirmation around the entry zone and follow-through after the move.
Trade $KAT here 👇 📉 🔻