POPCAT/USDT Analysis & Trade Setup
Market Overview:
Popcat is showing relative strength compared to other meme coins during the broader correction. While many altcoins are bleeding, POPCAT is holding steady around $0.38, signaling accumulation and resilience. RSI across multiple timeframes indicates there's still room for upside movement. Market uncertainty due to FOMC news is present, but Popcat’s price action suggests strong buybacks on dips.
Key Levels:
Immediate Resistance: $0.41
Breakout Targets:
🎯 $0.64
🎯 $0.66
Entry Zone (DCA Friendly):
✅ $0.31
✅ $0.28
(Ideal accumulation range during dips before a possible breakout.)
Stop Loss:
❌ Below $0.27 (To invalidate the bullish structure and manage risk.)
Trade Plan:
Watch for a daily close above $0.41 to confirm strength and open targets toward $0.64–$0.66.
Accumulate cautiously within the $0.28–$0.31 zone if price dips.
Exit or re-evaluate if price closes below $0.27.
