POPCAT's Rise: Can This Meme Go the Distance?

Oct 4

It certainly looks like POPCAT will continue to be the leading cat #meme. Others (already listed on exchanges) have tried to take the spot but lack the momentum behind it.

As for this one, it just keeps grinding higher and is most likely to hit $2.3 before the end of the year.

This post is mainly to track the price action of this particular coin, as entries were obviously much lower. One could enter here, as there is an active weekly and daily trend, but I prefer to snipe my entries instead of buying after expansion.

Let’s follow the price together and see how much actionable data we can extract from its movements.

I’ll wrap up this thread at the end of December.

Oct 6

Note

Feeling too scared because the price expanded away from the consolidation zone? You probably missed out on this move.

I see this going higher. There might be a small dip at the beginning of the upcoming week, but the overall trend is pointing much higher.

Oct 8

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This is the level to enter if the trend is to remain intact—at least for now. The weekly chart is strong, so it’s worth taking this risk.

Oct 9

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Trend 'broken' on the 4hr.

This is the next level I am eyeing for a potential swing move

Oct 12

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Reclaim broken level and new highs.

Weekly timeframe in control so rather hold this one until expiry

Oct 14

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Let's see if it could sweep today's low and move from there. popcat

Oct 14

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Had to take it.

SL in place as is an overnight trade and going into Monday..........

Oct 16

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Weak reaction observed. The weekly timeframe looks a bit concerning. I’ll hold off for now. The trend is still upward, but I’m waiting for a solid re-entry opportunity after selling too early.

Oct 17

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Trending for now. It will definitely go higher over time as the weekly trend is active.

Buying zones below $1.25, down to 90 cents, should be considered normal given the profit factor and the coin's strength

Oct 20

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It might actually happen if BTC closes below the 63k zone.

Be alert for that zone $1

Oct 24

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Seems a bit overstretched. If there are any dips closer to 1.34, then great; I’ll be adding.

1.22 could present an opportunity, as it might potentially reset the RSI down to 50, but I’m not counting on it.

Oct 28

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Still waiting on this. $1 will be a gift

Nov 6

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Not happening. Straight up from here!