๐ Update$KAT on the 4-hour chart
๐ Current structure: Price is now directly above a key support area near the EMA 200 line and the previous low at 0.00470, with the RSI indicator reaching very strong oversold levels, which increases the likelihood of an upward bounce from these levels.
๐ฅ Entry zone: 0.00470 - 0.00486
๐ฏ First target: 0.00530
๐ฏ Second target: 0.00580
๐ฏ Third target: 0.00630
๐ Stop loss: 4H candle close below 0.00440
#TrumpDeclinesSaudiRequestToStrikeHouthis #TrumpDeclinesSaudiRequestToStrikeHouthis #OracleJumpsOver6%OnEarningsBeat #CPIWatch
๐ Current structure: Price is now directly above a key support area near the EMA 200 line and the previous low at 0.00470, with the RSI indicator reaching very strong oversold levels, which increases the likelihood of an upward bounce from these levels.
๐ฅ Entry zone: 0.00470 - 0.00486
๐ฏ First target: 0.00530
๐ฏ Second target: 0.00580
๐ฏ Third target: 0.00630
๐ Stop loss: 4H candle close below 0.00440
#TrumpDeclinesSaudiRequestToStrikeHouthis #TrumpDeclinesSaudiRequestToStrikeHouthis #OracleJumpsOver6%OnEarningsBeat #CPIWatch