#POPCAT# Great! Because Popcat (POPCAT) has broken through the horizontal resistance at $0.55, this confirms the breakout from the Descending Right Angle Broadening Wedge pattern, and opens up potential for further rise.

Further Rise Projection for POPCAT ( After Breakout $0.55)
1. Next Price Target (Short-Term Bullish Scenario)
Target Price Level Explanation
TP1 $0.62 Previous minor resistance, psychological level
TP2 $0.68–$0.72 High wedge projection (breakout technical target)
TP3 $0.80–$0.85 If market euphoria increases and volume remains high
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2. Supporting Technical Indicators
MACD: Still crossing up, strong upward trend
RSI: Approaching 80 – overbought, but normal during rally breakout
Volume: Significantly increased – supporting breakout validation
Bollinger Bands: Price is likely to touch the upper band (~$0.60), then consolidate for a moment.
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3. Advanced Strategies
Trailing Stop: Rise to $0.53 – $0.55 (former resistance now becomes support)
Additional Entry ( for swing): Can wait for retrace to $0.57–$0.58
Observe the daily candle: If today's candle closes with a large body & high volume → trend continuation signal
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Action Summary
As long as the price stays above $0.55 → the potential to continue to $0.62–$0.72 is strong.
Beware of a minor correction to $0.58 before continuing to rise
Volume & community sentiment will be key to whether it can break through to $0.80+
#source#
#chatgpt#