$KAT Can buyers push the price toward 0.0049?
Despite the recent rise, Order Flow data shows Long liquidations alongside strong negative Delta volume, but a Bullish Delta Divergence suggests selling pressure may be getting absorbed. Therefore, volatility may continue before the next direction is determined.
๐ด Resistance: 0.004740 โ 0.004919
๐ข Support: 0.004545 โ 0.004475
A break above 0.004740 and holding there could open the way toward 0.004919
Meanwhile, a break below 0.004475 could send the price back to 0.004444, then 0.004334
The key zone right now is 0.004545; the price reaction there will determine whether the rise continues or turns into a deeper correction.
Despite the recent rise, Order Flow data shows Long liquidations alongside strong negative Delta volume, but a Bullish Delta Divergence suggests selling pressure may be getting absorbed. Therefore, volatility may continue before the next direction is determined.
๐ด Resistance: 0.004740 โ 0.004919
๐ข Support: 0.004545 โ 0.004475
A break above 0.004740 and holding there could open the way toward 0.004919
Meanwhile, a break below 0.004475 could send the price back to 0.004444, then 0.004334
The key zone right now is 0.004545; the price reaction there will determine whether the rise continues or turns into a deeper correction.
