$POPCAT 0.3617 USDT
The price is slightly below the key resistance level of 0.3738650, indicating possible selling pressure.
⸻
🔸 Levels:
🔻 Supports:
• S1: ~0.4042333 (price broke down, now resistance)
• S2: ~0.3244667 – key support zone from which the price may bounce
• 0.3447: Local minimum for 24 hours (strong buyer interest was here)
🔺 Resistances:
• 0.3738650: Current level that needs to be broken for growth
• 0.4042333: Former support, now resistance
• 0.4999667: Next significant zone in case of growth
⸻
🔍 Volumes:
• POPCAT Volume: 134.45 million — high, active trading
• USDT Volume: 48.70 million — good liquidity
⸻
📊 Technical picture:
• Price in a descending channel (a series of lower highs and lows is visible)
• Currently trying to bounce up after testing level S2
• A bounce to the area of 0.373–0.404 USDT is possible, but for that, local resistance needs to be broken
⸻
🧠 Conclusion:
• For now, the trend remains bearish
• If it consolidates above 0.374, a long position can be considered up to 0.40–0.50 USDT
• If the price drops below 0.344 again, a continuation of the decline to 0.324 is likely.