$POPCAT

Similar to BONK, and like a lot of alts at the moment I can't quite decide if we have #onemorelow to be put in across the board or not.

This week I'm going to be focusing on longs, and I think on POPCAT we can tag at least 0.42 for example.

The squiggly would be my guess if we do have another low in general. If not, we should see strength and tag at least 0.5 previous week's high.

The way I'm playing this at the moment is, for higher conviction plays I'm building some spot swings and will trim into the first swing target. If we then get the final low down across the board, big scoop comes out as we'll be into key levels and high R:R zones. Otherwise, if the low -is- being put in across the board as we speak, then after risking off into resistance, should we reclaim said resistance, will take this as a shift in market conditions (anticipating more aggressive upside) and buy back position and some - targeting way higher.