$KAT’s -12.6% dump is a setup, not a death spiral.
The chart looks ugly: down 9% in the last 4h, below the 20D and 50D averages, with RSI at 42. But volume is 1.7x its 20D average and funding is -0.023%.
Shorts are paying. 🩸
At $0.003940, I’m watching that round $0.004 level. Reclaim it and this can squeeze harder than $SOL traders expect. Lose it and the bears keep control. ⚡
That $0.004 level hold or break, which side are you on? 👀
#KAT #Crypto #Binance
The chart looks ugly: down 9% in the last 4h, below the 20D and 50D averages, with RSI at 42. But volume is 1.7x its 20D average and funding is -0.023%.
Shorts are paying. 🩸
At $0.003940, I’m watching that round $0.004 level. Reclaim it and this can squeeze harder than $SOL traders expect. Lose it and the bears keep control. ⚡
That $0.004 level hold or break, which side are you on? 👀
#KAT #Crypto #Binance