POPCAT Price Explodes: 97% Surge on the Horizon?

Bullish Breakout from Falling Wedge Ignites Rally

Hang on to your hats, crypto fans! POPCAT price just smashed through a falling wedge pattern like a boss, and it's not looking back. We're talking serious bullish momentum here, with a potential 97% surge straight to the $0.65 resistance level. Get ready for a wild ride!

Listen up, Popcat (POPCAT) enthusiasts! This memecoin just pulled off a breakout from a falling wedge pattern that had everyone on the edge of their seats throughout May and June. And guess what? After the breakout, the price took a little breather and then slammed right back into the breakout level around $0.28, where buyers came in guns blazing.

Right now, POPCAT is trading at $0.33, and it's not messing around. This bad boy is rallying hard, reclaiming lost ground like a champ. It's currently retesting the horizontal support zone from late April, the very spot that launched a parabolic rally to the top of the wedge. Talk about a comeback!

Check out today's daily candle - it's holding strong above the EMA 20, telling us that the short-term momentum has flipped in favor of the bulls. And the volume? It surged like crazy on the retest candle, giving this rally some serious street cred.

But wait, there's more! Zoom in closer, and you'll see that this falling wedge might just be the handle of a bigger cup and handle pattern. That's right, a strong continuation setup that could send POPCAT's price rocketing even higher if it breaks out.

So, what's the target? We're looking at a breakout level at the rim, somewhere between $0.60 to $0.65. That's where POPCAT formed a major swing high back in May before diving into that wedge-shaped consolidation. And get this - it lines up perfectly with the measured move target from the falling wedge. It's like the stars are aligning!

But don't just take our word for it - the momentum indicators are backing up this bullish party. The RSI just crossed into mildly bullish territory at 52, and the MACD histogram is flashing green, showing us a bullish crossover between the MACD and signal lines that happened before the breakout and is still going strong.

And POPCAT's not the only one in on the fun - the whole memecoin market is surging like a tidal wave. Bonk (BONK), Fartcoin (FARTCOIN), Pepe Coin (PEPE), and others are posting double-digit gains left and right in the past 24 hours. It's a memecoin mania, and POPCAT is leading the charge!