đ 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.
đ Key Levels to Watch: â Break below support = High probability of further downside! â Break above resistance = Potential invalidation of bearish bias.
â ď¸ Bearish bias remains dominant unless we see strong volume pushing price above the resistance! Be cautious of fakeouts!