Popcat

PopCat has been riding a strong bullish trend, but now it’s showing signs of hesitation near key resistance. After rallying from the $0.13 region, the asset has posted a series of higher highs and higher lows—textbook signs of bullish market structure. However, the rally is now facing a crucial test around $0.41.

Price is stalling near this resistance level, and early signs of rejection are visible on the lower timeframes. On the 4H chart, this aligns with overhead supply, creating pressure for a potential pullback.

Below current levels, there’s a key zone of interest: a confluence of support including the VWAP SR, the value area high (VAH), and short-term moving averages. If bulls manage to defend this zone and establish another higher low, it could set the stage for another push higher—possibly targeting the $0.71 area, which lines up with a projected bullish extension.

However, if this key support breaks, it would signal the first failure in the current uptrend structure. That would increase the likelihood of a deeper retracement and mark the beginning of a more prolonged consolidation phase.

One important factor that continues to support bullish bias is how the point of control (POC) has consistently acted as a strong demand zone. Buyers have stepped in aggressively from this level before, making it a likely candidate for renewed interest if price retests it.

At this stage, it’s all about reaction. Hold and bounce = bullish continuation. Break and close below support = corrective move likely. Monitor closely.

PopCat (POPCAT) is currently standing at a crucial crossroads. It is holding above a key higher-low zone where each move could trigger a major breakout. If the price manages to break through the critical resistance at 40.40 with strong volume confirmation, it could spark a rally towards 71.00 – almost doubling its current value.
At the moment, PopCat is trading in an area where the potential for a sharp rise and the risk of failure are almost evenly balanced. A higher low is forming, supported by several important technical confluences. A breakout above key resistance could ignite a powerful bullish wave, while another rejection might expose weakening market momentum.

🔹 Key Technical Levels:
Resistance: 40.40 is the main barrier that must be broken with strong volume to confirm the continuation of the bullish trend.Support: 33.33 remains critical for maintaining the higher-low structure and market stability.Technical Confluences: The support zone is strengthened by the 0.618 Fibonacci retracement, the value area high, and volume support, making it a strong technical base.

PopCat has already attempted to break above 40.40 twice but faced minor pullbacks each time. This makes the 40.40 level a crucial hurdle. A breakout above this level, confirmed by higher volume, would open the door to a rally towards 71.00, representing nearly a 100% gain.
Conversely, the support at 33.33 has remained intact and is vital. A breakdown below this level would disrupt the bullish structure and potentially lead to further declines.
Time is a critical factor – the longer PopCat remains below 40.40 without a decisive breakout, the greater the risk that the bullish scenario will weaken and the market momentum will fade.
🔹 What to Watch For:
Traders should be cautious if the price hesitates too long around the resistance zone, as prolonged indecision often signals underlying market weakness.

What Could Happen Next?
If PopCat holds the key support and successfully breaks above 40.40 with strong volume, a rapid move toward the target of 71.00 can be expected.
On the other hand, further rejection at resistance could delay any major rally and suggest that buying pressure is fading.
🔹 Bullish Scenario: A breakout and close above 40.40 with volume confirmation would trigger a move toward 71.00.
🔹 Bearish Scenario: Failing to overcome resistance and breaking below 33.33 would open the door to a deeper retracement and invalidate the higher-low structure.

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