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🐾 $POPCAT Battles 11% Drop—Can It Bounce Back?

The #Solana -based meme coin #POPCAT dropped 11.4% in 24 hours but remains above the $1.21 support, a key level held for two months.

📉 Challenges:

*/ Bearish Trend: The RSI is nearing neutral (50.0), hinting at increasing selling pressure.

*/ Market Uncertainty: Broader crypto sentiment and regulatory factors could impact performance.

📊 Hopeful Signals:

*/ Funding Rate Positive: Strong buying interest from retail traders could spark a recovery.

🚀 Key Levels:

*/ Break above $1.49 may target $1.74 for a bullish rally.

*/ Fall below $1.21 risks a slide to $1.00 or further bearish moves.

Will POPCAT reclaim momentum or face more corrections? 🤔

#Meme Alpha# #Solana Memecoins#