$POPCAT Continues To Show Bearish Intent After Clean Rejection From Key Supply Zone 📉



Popcat ($POPCAT ) is currently respecting a clear bearish market structure on the 4H timeframe after failing to reclaim a major resistance zone around the 0.066 region. Price tapped into the highlighted supply area, reacted sharply, and continues to trade below previous structure highs — a sign that sellers are still maintaining control of the trend.

The chart illustrates a strong bearish scenario where price may first push slightly higher into the nearby resistance and internal liquidity zone before initiating a larger downside expansion. This type of movement is commonly seen when the market seeks remaining liquidity above short-term highs before continuing in the dominant direction.

One of the key confirmations behind this outlook is the consistent formation of lower highs and weak bullish continuation attempts throughout the recent downtrend. Momentum has remained relatively weak despite short-term rebounds, suggesting that current upside movement could simply be a retracement rather than a full reversal.

If the bearish setup continues to play out, the major downside target sits around the 0.045 region — an area that aligns with previous liquidity and potential higher timeframe demand. Until buyers can reclaim and sustain price above the marked resistance zone, bearish pressure may continue dominating the market structure.

As always, meme coins remain highly volatile, so confirmation and proper risk management are essential before taking any position.

#POPCAT #Crypto #Altcoins #Memecoins $BTC
POPCAT2.11%
BTC0.22%
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