POPCAT Retests Key Support Near $0.29 Amid Declining Volume and Consolidation
Main Idea
POPCAT is retesting a key support zone near $0.29–$0.30 amid declining trading volume and price compression, indicating cautious market sentiment.
Key Points
1. POPCAT is trading at $0.2926, down 4.16% in the last 24 hours, with a market cap of $286.79 million.
2. Trading volume has declined by 15.38%, reflecting reduced buyer interest near the $0.29–$0.30 support zone.
3. The price is testing a 4-hour order block cluster and the 0.75 Fibonacci retracement level, a historically significant support/resistance area.
4. POPCAT's 24-hour trading range is narrow, between $0.2892 and $0.3014, suggesting consolidation.
5. Circulating and maximum supply remain steady at 979.97 million tokens, with no recent tokenomics changes affecting price.
Description
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