🛑Bullish Reversal Potential for POPCAT/USDT as Key Support Zone Approaches🤯
🔸Price Action: After an initial uptrend, the price peaked around $1.55 before retracing lower. The price is now consolidating around $1.37, close to a key support zone known as the Bullish Order Block (B OB) at $1.34-$1.35. This area is expected to attract buyers.🚀
🔸Break of Structure (BOS): A significant Break of Structure signals a shift from a bullish to bearish market. The current
retracement aligns with this BOS, suggesting a potential reversal.
🔸Expected Reversal: A bullish move could occur from the order block zone. Traders may look for signals like bullish candlesticks for entry opportunities, targeting the previous highs around $1.55. have a nice day guys..
