PopCat’s Market Structure: Breakout or Pullback?

PopCat (POPCAT) is currently showing strong bullish market structure, marked by higher highs and higher lows since bouncing from the $0.13 region. However, its ability to maintain support at key levels will determine its next direction. 💰

Recent price action is approaching a crucial inflection point: resistance sits at $0.40-$0.41, while support lies near the Value Area High (VAH), VWAP SR, and POC.

The current market structure leans bullish but the coin’s next move depends on breaking through the resistance or forming another lower low.