PopCat decision time for bulls – pullback or breakout?

PopCat has shown consistent strength in its market structure, forming higher highs and higher lows since bouncing from the $0.13 region. However, its ability to hold key support will determine what comes next. The meme coin PopCat ( POPCAT ) has recently attracted attention due to its aggressive uptrend, consistently forming bullish market structure since establishing a strong base at $0.13. However, recent price action is testing a critical inflection point. With resistance at $0.41 now acting as a short-term barrier, market participants are watching to see if the coin will form another higher low or begin a deeper corrective phase. 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 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. You might also like: Uniswap price could surge as Unichain flips Ethereum, Polygon, Sei in key metrics 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. Read more: BNB, SHIB prices shift; BlockDAG doubles stakes with 50m Buyer Battles, $223m presale

Source: crypto.news