POPCAT has faced persistent struggles since February, failing to recover despite occasional price rallies. The meme coin remains down 48%, with weak investor sentiment slowing any potential rebound.
Investor Sentiment Remains Low
Lack of Buying Pressure Stalls Recovery
The Chaikin Money Flow (CMF) indicator has stayed below zero for over three months, signaling weak inflows. Since December 2024, investors have shown little interest, fearing further losses.
Without strong buying pressure, POPCAT has failed to sustain positive momentum. This aligns with the Relative Strength Index (RSI), which has remained below 50 for months, confirming a lack of bullish strength.
Market Conditions Delay Growth
With broader market trends showing no strong support, POPCAT remains in a bearish cycle. Until overall sentiment improves, the meme coin is unlikely to see a meaningful breakout.
POPCAT Price: Is Consolidation Next?
POPCAT recently rallied 20% over four days, now trading at $0.180. A key driver was Robinhood’s listing, which boosted visibility and interest.
The altcoin bounced from $0.140 but faces resistance at $0.203. Given the weak market conditions, breaking above this level remains a challenge. A likely scenario is continued consolidation between $0.140 and $0.203 until stronger buying interest emerges.
However, if investor sentiment improves, POPCAT could break past $0.203 and aim for $0.238, shifting towards a bullish outlook.
