Popcat (ERC) pricePOPCAT

$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.

The recent price action on Popcat (POPCAT) is beginning to show strong bearish indications after forming a clean double break of structure on the lower timeframe. This shift in market structure suggests that buyers may be losing momentum while sellers gradually take control of the market. One of the most notable aspects of this setup is the clear inducement that formed before the rejection. Price appeared to lure late buyers into the market and sweep liquidity before reversing sharply from a well-defined order block positioned around a key resistance level. This type of movement is often watched closely by price action traders because it reflects institutional-style liquidity grabs before continuation in the intended direction. The reaction from the order block was precise, adding more confluence to the bearish outlook. With market structure already broken twice and liquidity seemingly taken from the highs, the probability of continuation toward lower levels becomes stronger as long as sellers maintain momentum. For traders watching this setup, patience and confirmation remain important. Chasing entries in volatile meme coins can be risky, especially in fast-moving market conditions. Proper risk management and disciplined execution should always remain part of the plan. #POPCAT #Crypto #Bitget #Trading #PriceAction #Altcoins #Memecoins $BTC $ETH

Popcat tp1 tp2 done ✅

POPCAT/USDT - LONG Entry : 0.05626 Targets : 0.05685 0.05740 0.05786 0.05841 0.05889 0.05955 0.06022 Stoploss : 0.05253