- Popcat price today trades near $0.123, down 3.7%, holding near the $0.12–$0.11 demand zone as sellers extend pressure.
- All major EMAs remain stacked above price, with the 20-day at $0.144 and 50-day at $0.172 acting as heavy resistance.
- A daily close below $0.12 risks a slide toward $0.10, while reclaiming $0.17 would signal a potential trend reversal.
Popcat (POPCAT) price today trades near $0.123, down almost 3.7% in the past 24 hours as sellers extend pressure along the descending trendline that has capped every rebound since August. The token continues to struggle below key moving averages, with declining flows and weak momentum keeping the broader trend bearish.
Price Holds Near Key Demand Zone
The daily chart shows Popcat consolidating inside a wide demand range between $0.12 and $0.11, an area that has repeatedly provided short-term support over the past three months. However, the price remains locked under a long-term descending resistance line connecting lower highs from the $0.75 peak in April.
The structure continues to show a persistent downtrend, with all major exponential moving averages stacked above price. The 20-day EMA sits at $0.144, the 50-day at $0.172, and the 200-day at $0.248, forming a heavy resistance cluster. The Supertrend indicator also remains bearish at $0.169, suggesting the market has not yet regained positive momentum.
A decisive close below $0.12 could open room for another leg down toward $0.10, while recovery requires a close above $0.17 to signal a shift back to neutral territory.
Intraday Action Shows Compression
On the 30-minute chart, Popcat trades below the VWAP at $0.126, signaling continued intraday weakness. The short-term band between $0.122 and $0.126 remains the active consolidation zone after last week’s volatile spike toward $0.20 was quickly sold down.
Momentum remains muted with the RSI hovering near 38, confirming that buyers lack conviction. Despite brief rebounds, every rally attempt fades near the VWAP, showing the dominance of short-term sellers. Until Popcat reclaims $0.126 with volume support, the bias remains tilted to the downside.
Flows Confirm Weak Participation
Spot flow data from Coinglass shows $167,000 in net outflows on November 13, extending a series of small but persistent withdrawals. Over recent weeks, Popcat’s flow structure has reflected rotation away from spot holdings rather than accumulation, aligning with the lack of demand seen on the charts.
Outflows of this nature typically accompany low-volume markets where speculative traders reduce risk. Combined with falling price momentum and the failure to break the descending structure, the data suggests that the market is still in a distribution phase rather than preparing for reversal.
Outlook. Will Popcat Go Up?
Popcat remains technically weak, trading below every major resistance line with little sign of renewed momentum.
- Bullish case: A confirmed close above $0.17 would mark the first break of the descending trendline in months, opening upside targets at $0.21 and $0.25 if volume expands.
- Bearish case: A daily close below $0.12 would expose downside toward $0.10, where structural support may again be tested.
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