$POPCAT EXHIBITS CLASSIC EXHAUSTION PATTERNS NEAR KEY RESISTANCE 🔴
Entry: 0.0492 - 0.051 🔥
Target: 0.0448, 0.0412, 0.0378 🚀
Stop Loss: 0.0535 ⚠️
The price action on $POPCAT is showing clear signs of exhaustion following the recent vertical expansion. We are currently observing a double top formation at the resistance zone, supported by bearish engulfing candles and a notable decline in volume.
This structure suggests a high-probability reversal as liquidity begins to shift toward the lower consolidation levels. The stop loss is placed above the recent swing high to invalidate the bearish thesis if the breakout continues. Are you fading this pump or waiting for a deeper breakdown?
Not financial advice. Always manage your risk.
#POPCAT #ShortSetup #MarketStructure #Crypto
🎯
Entry: 0.0492 - 0.051 🔥
Target: 0.0448, 0.0412, 0.0378 🚀
Stop Loss: 0.0535 ⚠️
The price action on $POPCAT is showing clear signs of exhaustion following the recent vertical expansion. We are currently observing a double top formation at the resistance zone, supported by bearish engulfing candles and a notable decline in volume.
This structure suggests a high-probability reversal as liquidity begins to shift toward the lower consolidation levels. The stop loss is placed above the recent swing high to invalidate the bearish thesis if the breakout continues. Are you fading this pump or waiting for a deeper breakdown?
Not financial advice. Always manage your risk.
#POPCAT #ShortSetup #MarketStructure #Crypto
🎯