šØ Something exciting is forming on chart $POPCAT š
It's clear we're facing an emerging uptrend pattern, but the breakout hasn't been confirmed yet.
Let's break it down briefly:
š¹ Price surged from 0.075 to 0.11 with strong, rapid momentum
š¹ Then entered a tight consolidation, with small, overlapping candles
š¹ No deep correction, which suggests buyers are still in control
š¹ Clear resistance around 0.110 ā if broken with a strong close and high trading volume⦠we might see a respectable breakout!
šÆ Potential targets?
TP1: 0.118 ā 0.120
TP2: 0.135 ā 0.145
TP3: 0.160+ (if momentum continues)
š Stop-loss?
Keep it below 0.1030 to avoid getting stopped out easily
ā ļø Don't enter until the breakout is confirmed, and monitor Bitcoin, as it could influence the move
#CryptoTrading #BullFlag #POPCAT #altcoins #BreakoutSetup