Popcat (POPCAT) has maintained the support level of $0.30 and has risen by 9.08% in the past 24 hours, attempting to break through a downward channel. The trading volume of this memecoin surged by 55%, reaching $45.39 million, indicating increased buying pressure and demand. Buyers have accumulated over 8 million tokens, while sellers remain on the sidelines. In the futures market, open interest increased by 6.69%, reaching $136 million, while the funding rate is positive, and the long-short ratio shows that bulls account for 68.1%, indicating bullish market sentiment. Technical indicators like Stoch RSI and RSI have shown a bullish crossover, suggesting enhanced upward momentum. If this momentum continues, Popcat may test the resistance level of $0.3712, but there is still a risk of a pullback if it falls below $0.30.