$KAT
Shows clear strength… buyers are pushing for a breakout 🚀
The price is witnessing a healthy upward structure supported by the formation of higher consecutive lows, reflecting an increase in buying control and the continuation of positive momentum.
🔹 Trading plan (LONG):
Entry area: 0.0123 – 0.0126
Stop loss: 0.0111
Targets:
TP1: 0.0128
TP2: 0.0135
TP3: 0.0145
📊 Technical analysis:
After a strong rebound from the support level of 0.0111, the price succeeded in building a solid upward structure, with the continued recording of higher lows enhancing the likelihood of completing the upward trend.
Currently, the price is approaching a key resistance area at 0.0127. Any clear breakout and stability above this level may open the way for a new upward wave driven by strong momentum.
⚡ Summary:
As long as the price maintains its upward structure, the chances of continuing the positive trend remain, with monitoring the price behavior at the breakout level to confirm the entry.
Follow the movement and enter the trade when the conditions are met.