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🚨 $POPCAT Bearish Pennant – Breakdown Ahead? 🚨
📉 The Bearish Pennant pattern is forming on the #POPCAT 1D chart, signaling a possible continuation of the downtrend. This pattern typically follows a strong downward move, consolidates, and then breaks down further.
🔍 Key Levels to Watch:
❌ Break below support = High probability of further downside!
✅ Break above resistance = Potential invalidation of bearish bias.
⚠️ Bearish bias remains dominant unless we see strong volume pushing price above the resistance! Be cautious of fakeouts!
📢 What’s your play?
📉 The Bearish Pennant pattern is forming on the #POPCAT 1D chart, signaling a possible continuation of the downtrend. This pattern typically follows a strong downward move, consolidates, and then breaks down further.
🔍 Key Levels to Watch:
❌ Break below support = High probability of further downside!
✅ Break above resistance = Potential invalidation of bearish bias.
⚠️ Bearish bias remains dominant unless we see strong volume pushing price above the resistance! Be cautious of fakeouts!
📢 What’s your play?
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