PopCat Teeters at Make-or-Break Support—Will Meme Traders Fuel a 2X Surge?

Meme coin mania faces its moment of truth as PopCat claws at a critical higher low. Chartists whisper ’double-bottom’ while degens reload their leverage longs.

Technical setup: The feline-themed token bounces off a 30-day trendline that previously launched rallies. Now, it’s do-or-die for bulls eyeing that 100% upside to reclaim April’s highs.

Market pulse: Retail traders are betting their stimulus checks on this breakout, while institutional desks quietly short it through regulated ETFs—because nothing says ’hedge’ like gambling with other people’s money.

Key technical points

• Major Resistance: 40.40 remains the primary ceiling and must break with volume to validate bullish continuation.
• Key Support Zone: 33.33 is the must-hold level to maintain the structure of a higher low.
• Confluence Levels: 0.618 Fibonacci, volume support, and value area high reinforce the current support zone.

PopCat has made two recent attempts to breach the 40.40 resistance but failed to follow through, resulting in shallow pullbacks. This makes the 40.40 level a major technical barrier. A decisive close above this resistance with volume confirmation will shift momentum in favor of the bulls and potentially unlock a rally toward 71.00, marking nearly a 100% gain from current levels.

On the flip side, support at 33.33 remains intact and is key to holding the higher low structure. This region is supported by the 0.618 Fibonacci retracement and value area high, making it a strong technical floor. If this level holds while resistance is reclaimed, it provides a low-risk swing opportunity targeting the upper range.

However, price continues to linger under resistance, and time is of the essence. The longer POPCAT trades beneath 40.40 without reclaiming it decisively, the lower the odds of a bullish expansion in the near term.

Traders should be cautious of any prolonged hesitation under resistance, as this could reflect underlying market weakness.

What to expect in the coming price Action

If price holds the higher low support and breaks above 40.40 with strong volume, expect a fast move toward 71.00. However, continued rejection from resistance will likely invalidate short-term bullish setups and delay any meaningful upside.

The bullish case is simply a break and close above 40.40 resistance with volume confirmation, targeting the 71.00 level. The bearish case is a failure to reclaim resistance, and a loss of 33.33 support opens the door for a deeper retracement and invalidation of the higher low thesis.