#KATIO is currently stuck in a weak momentum phase.
Price keeps printing lower highs while upside attempts get sold into quickly a clear sign of supply dominance.
Any bounce so far looks corrective rather than impulsive, which suggests buyers aren’t stepping in with conviction yet.
Until a strong reclaim and consolidation happens, risk remains skewed to the downside. For traders still holding exposure, reducing size or hedging into strength makes more sense than hoping for a sudden reversal.
Patience here pays more than prediction. Let the market show strength first.
