Can the bulls run 100% rally?

Popcat is held in a pivotal major region of low support. If the price retained resistance to 40.40 with volume and sound behavior, it could light the rally towards 71.00, almost doubling from its current value.

Popcat (Popcat) It is currently traded at the level of make or break, where the potential of the large beech punch is balanced on top resistance. The address forms possible greater low in critical support area, encourage multiple technicality. The decisive pause above resistance could run a significant move, while constant rejection is signaling momentum.

Key technical points

• Main resistance: 40.40 The primary ceiling remains and must be broken with the scope to confirm the Bull Result.
• Key support zone: 33.33 The level must retain to maintain the structure of the larger low.
• Level are accession: 0.618 Fibonacci, Volume support and value area highly boost the current support zone.

Popcat made two recent violations of 40.40 resistance, but failed to follow, resulting in a shallow pull. This makes up 40.40 level of the main technical barrier. The resolutely closing above this resistance with a volume of confirmation will move the momentum in the benefit of the bull and potentially unlock collection according to 71.00, marking almost 100% win from the moment.

At the foreigner facing, support at 33.33 remains intact and is key to holding a larger low structure. This region is supported by recrenuation and value of 0,618 fibonactions and areas of value, making it strong technical floor. If this level is held while resilience returns, it provides a low risk opportunity to rock the target range targeting.

However, the price remains under resistance and is essentially. The longer the popcat trades below 40.40, which resolutely returns it decisively, lower the chances of the bakery expansion in close time.

Traders should be careful any long-term hesitation under resistance, as this can reflect the basic weakness of the market.

What to expect in the upcoming price of the store

If the price keeps greater low support and interrupts above 40.40 with strong volume, expect a quick move towards 71.00. However, continuous rejection of resistance is likely to undo the short-term bikala settings and disposed of any meaningful upside down.

The bikala case is simply a break and close above 40.40 resistance with a volume of confirmation, aiming level 71.00. The bear case is a re-background failure, and a loss of 33.33 support opens the door for deeper indentation and naughting a larger low thesis.