POPCAT Soars 15% as Whales Trigger Rally—$0.70 in Sight

Smart money just flipped the switch on POPCAT, sending the meme coin screaming past resistance levels. A 15% surge in 24 hours has traders scrambling—because nothing says ’healthy market’ like a handful of wallets dictating the action.

Technical breakout or pump-and-dump theater? The chart doesn’t lie: buy orders are stacking up faster than a crypto conference bar tab. Key resistance at $0.70 now looks like a pit stop, not a finish line.

Meanwhile, retail investors alternate between FOMO and existential dread—standard procedure for any asset that moves more than 5% in this market. Will the whales cash out before the little guys get a seat at the table? Place your bets.

The memecoin has been trading consistently above both the 20-day EMA and the 50-day SMA since before the breakout, with a bullish crossover—where the EMA20 crossed above the SMA50—occurring around Apr. 11. This crossover coincided with the formation of the first higher high since the November ATH of $2.07.

Looking ahead, the next immediate resistance is the psychological level at $0.50. A clean break above this level could open the path to $0.70, a zone where the price faced major rejection in mid January and that also served as a key horizontal support in late December through early January.