POPCATUSDT.PS trade ideas
#POPCATUSDT Expecting further bullish continuation📈 LONG BYBIT:POPCATUSDT.P from $0.2850
🛡 Stop Loss: $0.2760
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:POPCATUSDT.P is showing strong bullish movement, breaking above key resistance at $0.2778, confirming buying interest.
➡️ The $0.2778 - $0.2850 zone now acts as a support, and if the price holds above it, further upside is likely.
➡️ The first major resistance level is at $0.2900, followed by $0.2989 and $0.3100 if the momentum continues.
➡️ Volume remains high, indicating strong liquidity and potential for further growth.
⚡ Plan:
➡️ Enter LONG after confirming a breakout above $0.2850, reinforcing bullish momentum.
➡️ Risk management with Stop-Loss at $0.2760, below key support.
➡️ Key upside targets:
🎯 TP Targets:
💎 TP1: $0.2900 — first take-profit level.
🔥 TP2: $0.2989 — potential resistance.
⚡ TP3: $0.3100 — major upside target.
🚀 BYBIT:POPCATUSDT.P - Expecting further bullish continuation!
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📢 BYBIT:POPCATUSDT.P is maintaining bullish momentum, and a breakout above $0.2850 could confirm further upside movement.
📢 Watch for price action at $0.2900, as this level might act as short-term resistance.
📢 If the price holds above $0.2989, a strong push towards $0.3100 is possible. However, a drop below $0.2760 would invalidate the bullish setup.
POPCAT/USDT: Head and Shoulders Points to Continued DowntrendHey traders!
POPCAT/USDT is forming a head and shoulders pattern, signaling a likely continuation of the recent downtrend. Following a temporary price correction within the pattern, the downtrend is expected to resume.
KUCOIN:POPCATUSDT
Now is the time to short the PopCat, after the 2-hour candle closes, I enter a short trade below the closed 2-H candle.
Profitable trades to all!
$POPCAT: Not Over Yet, $2 Incoming by Q2Low hit rate on this setup, as the largest liquidity pool is sitting below 40 cents, and it's a significant weekly block.
I'll be adding a small position around the 50-52 cent range, but I wouldn't be surprised if it dips to the lows at 46 cents before any meaningful reaction.
For me, the better bet is a weekly block below 35 cents. I’m placing bids here and will increase my bids if price deviates below the trend line.
$POPCAT isn’t dead, but I do agree that it’s currently undergoing a major retrace. BYBIT:POPCATUSDT
Popcat bullish scenarioPopcat price has come back to lower trend.
However looking at the upper trend, we can see what looks like an expanding wedge.
Looking at a couple of swing options here.
1st more a scalp with invalidation below recent low around 3.9
2nd a swing option with invalidation below 2.5
Use your risk management.
Potentially wait for price to come down further ... it may not.
Upside is massive, assuming the whole structure is the 1st of 3 waves.
POPCAT/USDT: Accumulation Zone + Fibonacci Targets SetupCurrent: $0.5733 (-3.87%)
Technical Analysis: 📈
- Current downtrend channel ending
- Fibonacci levels plotted:
* 0.236 at $1.75
* 0.382 at $1.50
* 0.5 at $1.32
- Projection shows potential reversal
Trade Setup:
- Entry zone: $0.55-0.60
- Primary target: $1.32 (0.5 Fib)
- Secondary target: $1.50 (0.382 Fib)
- Stop loss: Below $0.48
- R:R = 1:3
Key Points:
- Channel breakdown complete
- Accumulation signals appearing
- Volume pickup needed for confirmation
DYOR - Not financial advice. High-risk altcoin - trade with caution and proper position sizing.
The catcoin supercycleCats have never historically matched dogs in market cap in crypto. It seems very likely that this will be the first cycle where cats will come close to it. Short term it seems everyone is bullish on trump inauguration day and that is certainly a crowded trade, but long term, not enough people have conviction to hold memes with size which makes that not a crowded trade. Crypto has largely (not entirely) been speculation since day one and memes are the ultimate form of the speculative spirit of this industry. Memes gud. Up only. Good luck :)
POPCAT - Trend reversal, good oportunity for buy POPCAT the meme, pushed by the meme narrative is showing signs of trend reversal after testing the lower band of the channel. RSI <30 MACD on daily showing signs of uptrend. Very low risk to reward ratio. From an eliot perspectibne the TA is supported.