PopCat’s Market Strength Faces Critical Test
PopCat (POPCAT) has been on a steady rise since bouncing from $0.13. Its forming higher highs and lows, showing bullish momentum. But the coin is now at a crucial point.
Currently, PopCat is testing the $0.40–$0.41 resistance. This level is vital. Breaking through it could push the price toward $0.71. if it fails,a correction might follow.
Key support levels include the Value Area High,VWAP support,and the point of control (POC). these areas are crucial. If PopCat holds these levels, the bullish trend may continue. If it falls below, a correction could start.
- Major Resistance: $0.40–$0.41
- Key Support: Value area High, VWAP SR, and POC
- Trend: Bullish with potential for more gains
Traders are watching closely. A breakout above $0.41 could signal a new growth phase. but if it drops below, a short-term top is possible. The 4H chart shows a strong demand area. This area includes the value Area high and VWAP support. Holding these levels would confirm the bullish trend.
traders should keep an eye on volume and price action around these key levels.A confirmed breakout above $0.41 could lead to more gains. But a drop below support might signal a correction. Stay tuned for further developments.
