kryptonite

While the crowd keeps longing $KAT /USDT, I’m taking the opposite side and opening a short position right here.

$KAT — SHORT SETUP

Trade Execution Plan:

Entry Range: 0.00817 – 0.00819

Stop Loss (SL): 0.00831

Take Profit 1 (TP1): 0.00809

Take Profit 2 (TP2): 0.00802

Take Profit 3 (TP3): 0.00793

Strategy Breakdown:
The 4-hour timeframe strongly favors the bears with a 77% confidence level, while the daily chart shows the price is simply stuck in a range. Over on the 15-minute chart, the RSI is hovering at 47.65, indicating there is zero bullish momentum to drive a breakout. With a precise entry at 0.00818 and a low ATR of 0.000109 on the 1-hour chart, this is a highly controlled, data-driven scalp rather than a wild bet.

#Kryptonite #CryptoTrading #TechnicalAnalysis #Scalping #BearishStructure

$KAT