POPCAT is currently consolidating in an unusually tight daily range, with candles compressing into a low-volatility coil. When structure becomes this tight, it often signals that market makers are engineering stop hunts—setting the stage for a larger move.
Thesis:
The current range is likely to break with a local liquidity sweep to the downside, followed by a bullish continuation in alignment with:
The macro HTF trend, which remains bullish
Ongoing Bitcoin dominance, which has a strong influence on meme-cap altcoins like POPCAT
This play anticipates the stop-loss liquidity below the range to be grabbed, triggering momentum to the upside once weak hands are flushed.
Setup Summary:
Price compression = manipulation phase
Looking for a sweep of recent lows (range bottom)
Entry after confirmation of trap / bullish reclaim
Target: $0.64+ range highs
Invalidation: Break and acceptance below the red zone
Key Point:
Tight ranges = traps being set. Be patient, let the sweep happen, and position with trend.
Thesis:
The current range is likely to break with a local liquidity sweep to the downside, followed by a bullish continuation in alignment with:
The macro HTF trend, which remains bullish
Ongoing Bitcoin dominance, which has a strong influence on meme-cap altcoins like POPCAT
This play anticipates the stop-loss liquidity below the range to be grabbed, triggering momentum to the upside once weak hands are flushed.
Setup Summary:
Price compression = manipulation phase
Looking for a sweep of recent lows (range bottom)
Entry after confirmation of trap / bullish reclaim
Target: $0.64+ range highs
Invalidation: Break and acceptance below the red zone
Key Point:
Tight ranges = traps being set. Be patient, let the sweep happen, and position with trend.
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.
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.