
The meme coin PopCat (POPCAT) has recently been making headlines for its aggressive ascent, consistently forming bullish market structure since establishing a strong base at $0.13. However, recent price action is testing a critical inflection point.
With resistance at $0.41 now acting as a short-term barrier, market participants are watching to see if the coin will manage to form another higher low or begin a deeper corrective phase.
Key technical points
The current market structure for PopCat remains bullish, seen in its formation of higher highs and higher lows. From the bottom at $0.13, the coin has steadily trended upward, finding strength on each dip. Now, price is reacting to the $0.40-$0.41 resistance level, where a rejection is forming on the lower timeframes.
This level is significant and must be broken to unlock a new expansion leg toward the $0.71 target. However, despite this resistance, PopCat still holds a key support zone on the 4H timeframe. The Value Area High (VAH), VWAP support zone, and a cluster of moving averages all converge here to create a strong demand area.
Holding this zone would confirm another higher low, keeping the bullish structure intact. But if price action falls below this area, the likelihood of a short-term top increases, especially if the point of control (POC) also fails to hold. The POC has previously acted as a magnet for buying pressure, which adds significance to this level as a potential final defense before a more sustained correction.
Momentum and structure remain bullish for now, but weakness below support zones would signal a temporary market shift. A confirmation of support here could provide a solid long opportunity for traders expecting a breakout above $041.
What to expect in the coming price action,
If PopCat manages to hold its current support structure, the next logical move would be a push above $0.41, with a potential target toward $0.71 in the coming sessions.
However, a loss of support could lead to a deeper correction toward the $0.28-$0.30 zone before any further bullish continuation. Traders should monitor volume and structure closely around these key levels for signs of confirmation.
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