POPCAT is breaking out of a large symmetrical triangle structure that has been developing for several months. This is a textbook bullish reversal setup with explosive potential — and the chart says it all! 👇
🧠 Technical Breakdown:
✅ Clean symmetrical triangle breakout on daily timeframe
🔥 Strong base formation followed by volume breakout
💹 Consolidated above trendline for weeks — breakout looks real
🛒 Entry Zone:
CMP ($0.43) or buy in dips toward $0.40–$0.42
🎯 Targets:
TP1: $0.65
TP2: $1.10
TP3: $1.60
TP4: $2.10
🛑 Stop-loss:
Close below $0.34
📊 Risk/Reward:
Solid RR > 4.0 with high potential if momentum kicks in. Volume and structure both support a strong upside.
📢 Final Thoughts:
This is not just a breakout — it's a multi-month accumulation breakout. If the market stays bullish, POPCAT could go parabolic again just like it did earlier.
🚨 Always use proper risk management and SL!
💬 Drop your thoughts in comments & don’t forget to hit that ❤️ if you find this helpful.
🧠 Technical Breakdown:
✅ Clean symmetrical triangle breakout on daily timeframe
🔥 Strong base formation followed by volume breakout
💹 Consolidated above trendline for weeks — breakout looks real
🛒 Entry Zone:
CMP ($0.43) or buy in dips toward $0.40–$0.42
🎯 Targets:
TP1: $0.65
TP2: $1.10
TP3: $1.60
TP4: $2.10
🛑 Stop-loss:
Close below $0.34
📊 Risk/Reward:
Solid RR > 4.0 with high potential if momentum kicks in. Volume and structure both support a strong upside.
📢 Final Thoughts:
This is not just a breakout — it's a multi-month accumulation breakout. If the market stays bullish, POPCAT could go parabolic again just like it did earlier.
🚨 Always use proper risk management and SL!
💬 Drop your thoughts in comments & don’t forget to hit that ❤️ if you find this helpful.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.