POPCATUSDT – Short Opportunity (30M Chart Analysis)

Price is retracing into a key resistance zone ($0.3796–$0.3850), which aligns with the 200 EMA and a former support level. The overall market structure is bearish, and this looks like a classic lower high setup.

Trade Setup:
• Short Zone: $0.3796–$0.3850
• Stop Loss: $0.3909 (Above supply zone)
• Take Profit: $0.3491 (Targeting fresh low/demand area)
• Risk/Reward: ~2:1

Bias: Bearish — looking for rejection and continuation of the downtrend.

Confirmation Needed: Wait for bearish candlestick formation (e.g., bearish engulfing or strong wick rejection) before entry.

This setup fits within a broader context of trend continuation — no trade if the resistance breaks. Manage risk accordingly.