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POPCAT/USDT Forms Bullish Base and Tracks Toward $0.92 Resistance
POPCAT has moved upward from its support zone near $0.25 and now holds steady just above the $0.47 range.
The chart shows price forming a base above $0.40, with buyers looking to target the $0.92 resistance soon.
Traders are watching for a breakout above $0.4769, which could send the price toward $0.65 and $0.75 quickly.
POPCAT/USDT has jumped over 72% from recent lows and is now trading above $0.47 after a steady upward channel. The pair broke through several short-term resistance levels between $0.25 and $0.40 within a few weeks. Price action remains active within a green zone that indicates continued upward potential for POPCAT traders.
Bullish Reversal Starts From $0.2350 Red Zone
The lower support region near $0.2350 created a strong demand zone during June. Price dipped briefly into this red-marked area before rebounding. This region acted as a springboard for the current bullish push.
A breakout emerged with strong candle formations moving toward the midrange at $0.2839 and $0.2628. The green zone began to shape around early July, holding POPCAT above its key horizontal support lines. The structure showed steadily higher lows,, indicating upward accumulation.
After this base held, the chart signaled increased buying interest. The rally continued to test levels around $0.31 and $0.35, closing multiple daily candles above the $0.40 mark. These confirmations have added strength to the current bullish outlook.
The breakout extended through $0.4003 and $0.4300, both critical resistance levels on the daily chart. The price has now touched $0.4769, which represents a 72.21% increase from the bottom. A projected target sits near $0.9255, as marked by the upper resistance band.
Range-Bound Volatility Ahead of Next Leg
Price is currently fluctuating between $0.4003 and $0.4769. This region has formed a temporary consolidation area after the strong rally. The chart displays a curved projection showing volatility may continue within this zone.
The anticipated movement is expected to bounce between support and resistance within the green box area. This behavior may attract range traders looking to take advantage of small daily swings. The structure suggests the possibility of retests around $0.40 before pushing higher.
Volume indicators and historical moves suggest price could remain inside this compression phase until a fresh breakout. A decisive move above $0.4769 would bring $0.65 and $0.75 into immediate focus. Meanwhile, any pullback toward $0.35 would remain within bullish structure if it holds that level.
While the current swing high has not yet breached $0.50, the chart maintains a bullish formation. Price needs to sustain momentum above the current short-term support to remain valid. A higher low within the green zone would reinforce buyer dominance.
Could POPCAT Reach the $0.92 Level Before October?
With the current upward trend in place, the technical roadmap shows a path toward $0.9255 by September or early October. The green arrow in the chart points to a projected move aligning with previous expansion phases. This target is more than double the current value, reflecting high growth potential.
The last leg saw a climb from $0.25 to $0.47 in a short period. If this pace continues, the $0.90 range becomes realistic. However, it will depend on whether POPCAT can stay above $0.40 during upcoming trading sessions.
The main question remains—can POPCAT break past $0.4769 and sustain enough volume to reach $0.9255 in the current quarter?