POPCAT / USDTLong
POPCAT/USDT: Range Accumulation Play | 40% Recovery Setup
POPCAT/USDT SPOT Analysis 📊
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TRADING SETUP (SPOT) 📈
• Asset: POPCAT/USDT
• Exchange: MEXC
• Timeframe: 15m
STRATEGY: RANGE ACCUMULATION 🎯
Entry Zones:
Buy Zone: 0.77-0.79 (Current Support)
Why:
- Historical support level
- High volume node
- Bottom of consolidation range
- Aligned with 0.236 Fib
Take Profits:
TP1: 0.84 (Range Top) - 40% position
TP2: 0.86 (Break of Range) - 40% position
TP3: 0.89 (Previous Structure) - 20% position
Risk Management ⚠️:
• Stop Loss: 0.77 (Below current structure)
• Position Size: Max 5% of total portfolio
• Risk:Reward = 1:2.5
Key Reasons for Entry:
1. Price stabilizing after major drop
2. Clear range formation (0.79-0.82)
3. Multiple CHoCH patterns showing selling exhaustion
4. Strong volume support at current levels
Warning Signs to Exit ❌:
• Break below 0.77
• Volume spike with bearish candles
• Loss of range structure
Bonus Tip 💡:
DCA (Dollar Cost Average) approach recommended in current range:
• 25% at 0.79
• 25% at 0.78
• 50% at 0.77
#SpotTrading #POPCAT #Accumulation #CryptoTrading
Remember: Always manage risk first, profits second. This is analysis, not financial advice.
--------------------------------
TRADING SETUP (SPOT) 📈
• Asset: POPCAT/USDT
• Exchange: MEXC
• Timeframe: 15m
STRATEGY: RANGE ACCUMULATION 🎯
Entry Zones:
Buy Zone: 0.77-0.79 (Current Support)
Why:
- Historical support level
- High volume node
- Bottom of consolidation range
- Aligned with 0.236 Fib
Take Profits:
TP1: 0.84 (Range Top) - 40% position
TP2: 0.86 (Break of Range) - 40% position
TP3: 0.89 (Previous Structure) - 20% position
Risk Management ⚠️:
• Stop Loss: 0.77 (Below current structure)
• Position Size: Max 5% of total portfolio
• Risk:Reward = 1:2.5
Key Reasons for Entry:
1. Price stabilizing after major drop
2. Clear range formation (0.79-0.82)
3. Multiple CHoCH patterns showing selling exhaustion
4. Strong volume support at current levels
Warning Signs to Exit ❌:
• Break below 0.77
• Volume spike with bearish candles
• Loss of range structure
Bonus Tip 💡:
DCA (Dollar Cost Average) approach recommended in current range:
• 25% at 0.79
• 25% at 0.78
• 50% at 0.77
#SpotTrading #POPCAT #Accumulation #CryptoTrading
Remember: Always manage risk first, profits second. This is analysis, not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.