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Now, let’s dive into this chart analysis:
$POPCAT is holding good support at the 50 EMA and the supporting trendline. With the current rebound, it is likely to see a 40% to 50% gain in $POPCAT.
On the lower side, we have solid support at $0.68 and $0.52. Both support levels are likely to hold if we see a downtrend in $POPCAT.
Entry: $0.772 to CMP
Trade: Spot
Lower accumulation: $0.527 to $0.68
Target: 40% to 50%
Note: If you wish to leverage trade on $POPCAT, make sure you do not exceed more than 5x leverage with SL at $0.72.
DYOR, NFA.
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