POPCAT posts 14% bounce — can the uptrend hold?
POPCAT jumped about 14% in the latest session, delivering a sharp relief rally after recent weakness. The bounce has rekindled bullish sentiment, but the advance looks fragile: trading volume hasn’t shown a convincing pickup and price remains below several recent highs, leaving the token exposed to sellers at overhead resistance. Without stronger market-wide momentum or a clear catalyst, short-lived spikes are a real risk.
What matters now is confirmation. Traders should watch for sustained daily closes above prior resistance, rising on-chain inflows, and improved order-book depth as signs the uptrend can continue. Conversely, failure to hold gains could see POPCAT revert to earlier support levels. For now, the outlook is cautious — the 14% recovery is notable but not yet proof of a durable trend reversal.