POPCAT just pumped 23% in 24h after weeks of bleeding—the usual meme coin rollercoaster.

Here's the tea: Price jumped from $0.22 to $0.27, weekly gain hit 37%, volume spiked 42% to $64M. Traders are hyping it could go higher, but there's a catch.

Technical red flags incoming: RSI creeping into overbought territory, MACD showing bearish crossover. The coin still down 30% this month and crashed from $1 at year-end, so this bounce might just be a bull trap.

Resistance at $0.60 is the real test. Break it? Rally could extend. Miss it? Watch out for a dump back to $0.25-$0.30 support.

Bottom line: Meme coins run on hype, not utility. This pump looks juicy but don't FOMO without checking the exit door first.