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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— Team The Alchemist ⚔️
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.