$POPCAT /USDT retests 0.06095 resistance, the momentum of which pushed RSI to 78, but aggressive buyers who chase breakouts need some time to absorb overhead supply...
Trade - Long
Entry:- 0.0545-0.0555
SL: 0.0518
TP1:- 0.0610
TP2:- 0.0655
TP3:- 0.0700
EMA 7 pullback resets overextended longs, therefore trend continuation remains intact. Does 70% retail long positioning signal a local top or continuation? High volatility asset; manage risk strictly.
#POPCAT #CryptoTrading #BinanceSquare
Trade - Long
Entry:- 0.0545-0.0555
SL: 0.0518
TP1:- 0.0610
TP2:- 0.0655
TP3:- 0.0700
EMA 7 pullback resets overextended longs, therefore trend continuation remains intact. Does 70% retail long positioning signal a local top or continuation? High volatility asset; manage risk strictly.
#POPCAT #CryptoTrading #BinanceSquare