Guys… $KAT is crashing… exactly as I predicted…! The rejection from the upper zone confirmed bearish pressure, and now price is continuing its downside move with weak structure and lower highs forming consistently. Momentum clearly favors sellers, and the breakdown is playing out cleanly as expected.
We can still see further downside toward $0.01047 so entering a short position on minor pullbacks remains a valid opportunity. Keep strict risk management, place your stop loss above the recent rejection zone, and trail profits as price continues to move lower. Stay disciplined and follow the trend.
#OilPricesDrop #CZCallsBitcoinAHardAsset
We can still see further downside toward $0.01047 so entering a short position on minor pullbacks remains a valid opportunity. Keep strict risk management, place your stop loss above the recent rejection zone, and trail profits as price continues to move lower. Stay disciplined and follow the trend.
#OilPricesDrop #CZCallsBitcoinAHardAsset
