$POPCAT is trying to build a base around the 0.053 – 0.057 zone after a clean selloff. Buyers are stepping in, but it still needs a stronger close to flip momentum back in their favor.
Entry: 0.054 – 0.056
Breakout Entry: above 0.060
SL: 0.049
TP1: 0.060
TP2: 0.066
TP3: 0.077
A daily close above 0.060 would make the setup look much cleaner. For now, it’s a decent recovery play, but still early confirmation wise.
Nice bounce forming, but no need to force it. Let POPCAT reclaim resistance first, then the chart gets way more valid.