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PopCat at Crucial Juncture: Will Bulls Force a Breakout or Face a Pullback?

PopCat at Crucial Juncture: Will Bulls Force a Breakout or Face a Pullback?

Published:
2025-05-01 18:47:49
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The meme coin’s make-or-break moment has arrived—traders are glued to charts as PopCat teeters between bullish momentum and a classic crypto reality check.

Key levels to watch: A clean breakout could trigger FOMO rallies, while rejection here might see profit-taking sharper than a hedge fund’s bonus claws. Meme coins don’t do ’fundamentals’, but they sure love drama.

One thing’s certain: whichever way this swings, someone’s about to overleverage and blame ’market manipulation’—the crypto tradition lives on.

Key technical points

  • Major Resistance: $0.40–$0.41
  • Key Support: Value Area High, VWAP SR, and POC
  • Trend Structure: Bullish with potential for continuation

PopCat decision time for bulls – pullback or breakout? - 1

PopCat USDT (4H) Source: TradingView

The current market structure for PopCat remains bullish, as seen in its formation of higher highs and higher lows. From the bottom at $0.13, the coin has steadily trended upward, finding strength on each dip. Now, price is reacting to the $0.40–$0.41 resistance level, where a rejection is forming on the lower timeframes. This level is significant and must be broken to unlock a new expansion leg toward the $0.71 target.

Despite this resistance, PopCat still holds key support on the 4H timeframe. The Value Area High (VAH), VWAP support zone, and a cluster of moving averages all align here to create a strong demand area. Holding this zone would confirm another higher low, keeping the bullish structure intact.

If price action falls below this area, the likelihood of a short-term top increases, especially if the point of control (POC) also fails to hold. The POC has previously acted as a magnet for buying pressure, which adds significance to this level as a potential final defense before a more sustained correction.

Momentum and structure remain bullish for now, but weakness below support zones would signal a temporary market shift. A confirmation of support here could provide a solid long opportunity for traders expecting a breakout above $0.41.

What to expect in the coming price action,

If PopCat holds its current support structure, the next logical move would be a push above $0.41, with a potential target toward $0.71 in the coming sessions.

However, a loss of support could lead to a deeper correction before any further bullish continuation. Traders should monitor volume and structure closely around key levels for signs of confirmation.

|Square

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