📉
$POP Chart Update: Bottoming Out or Continuing the Downtrend?
Taking a look at the 4H chart for POP (Zypher Network). After a massive sell-off, the price seems to be trying to find a floor.
📊 Key Metrics:
• Current Price: $0.00016733 (-1.46%)
• **Market Cap:** ~$596K (Micro-cap territory)
• Holders: 290,959 (Surprisingly high holder count!)
• Recent Low: $0.00015583
📉 Technical View:
The chart shows a heavy bleed, but we are seeing some consolidation near the bottom.
• RSI (6): Currently at 36.69. We are approaching oversold territory, which could suggest a short-term relief bounce is due.
• Volume: Vol is at 821K, which is below the MA(5) and MA(10). Volume is drying up—often a sign that sellers are exhausted.
👀 What to watch: We need to hold that recent low of 0.00015583. If we break below, it’s a falling knife. A break and close above the recent consolidation could give us a local reversal.
Are you accumulating
$POP here or waiting for confirmation? 👇
Disclaimer: Not financial advice. Always DYOR. Micro-caps are highly volatile.
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