PopCat is at a major support region, and if price holds the higher low and breaks above 40.40 with volume, a rally toward 71.00 becomes highly probable. Still, resistance remains unbroken — caution is key.
Key Highlights:
Key Resistance: 40.40 — two failed breakout attempts so far
Critical Support: 33.33 — must hold to preserve bullish structure
Bullish Confluence: 0.618 Fib, value area high, and volume shelf
Price is compressing within a crucial range, with 33.33 acting as a potential higher low. If bulls manage to reclaim 40.40 with conviction, it opens the door for a breakout targeting the 71.00 resistance — almost a 100% move from current levels. However, failure to break above resistance soon could reduce the probability of a bullish outcome and expose PopCat to deeper pullbacks.
Key Highlights:
Key Resistance: 40.40 — two failed breakout attempts so far
Critical Support: 33.33 — must hold to preserve bullish structure
Bullish Confluence: 0.618 Fib, value area high, and volume shelf
Price is compressing within a crucial range, with 33.33 acting as a potential higher low. If bulls manage to reclaim 40.40 with conviction, it opens the door for a breakout targeting the 71.00 resistance — almost a 100% move from current levels. However, failure to break above resistance soon could reduce the probability of a bullish outcome and expose PopCat to deeper pullbacks.
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Free Alpha Group t.me/freetradingden
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.