#POPCATUSDT is teetering on the edge of a Bearish Rising Wedge on the 4-hour chart — a classic setup signaling a potential reversal after a deceptive climb.
🔎 Pattern Breakdown:
Wedge formed with higher highs and higher lows, but tightening price action shows weakening bullish momentum. Current price at ~$0.4819 (as of 12:29 PM +07, June 4, 2025), testing the upper wedge boundary with fading volume.
RSI at 49.68, neutral but hinting at bearish divergence, screaming caution.
😵💫 What’s Next?
🔸 If price breaks below $0.4500, bears could pounce toward:
$0.4000 (first support) $0.3220 (major demand zone)
🔸 If bulls hold above $0.5000, the bearish setup fails, potentially pushing to $0.6400.
📊 TL;DR: #POPCATUSDT.P is at a tipping point — crack $0.4500 and bears take control, or hold $0.5000 and bulls fight back. Watch the volume, traders!
Disclaimer: Not financial advice. Crypto markets are a volatile beast. DYOR and trade with precision.