Popcat Shows Signs of Potential Rally Amid Rising Buying Pressure and Bullish Sentiment

• Popcat [POPCAT] has surged over 15% recently, breaking key resistance levels amid rising bullish sentiment and increased accumulation across spot and futures markets.

• The memecoin’s volume spiked by nearly 85%, signaling strong demand and positioning Popcat for a potential rally toward $0.47.

• According to COINOTAG sources, the exchange netflow remains negative, indicating sustained accumulation as withdrawals outpace deposits, reinforcing the positive momentum.

Popcat surges 15%, breaking resistance with rising volume and bullish futures sentiment, setting the stage for a potential rally to $0.47 amid strong accumulation.

Popcat’s Price Surge and Volume Spike Signal Renewed Bullish Momentum

Popcat has demonstrated remarkable strength recently, climbing to a local high of $0.429 and trading at approximately $0.4199 at press time, marking a 15.37% increase over 24 hours. This price appreciation is supported by a significant surge in trading volume, which rose by 84.8% to $72 million, contributing to a total volume of $389.7 million. The sharp increase in volume underscores growing market interest and a resurgence of buying activity.

In the spot market, buyer dominance is clear with 4.79 million tokens purchased within the last day. The positive order imbalance of 48,000 tokens further highlights the strengthening buying pressure, which is crucial for sustaining upward price momentum. This dynamic suggests that investors are increasingly confident in Popcat’s near-term prospects.

Source: Coinalyze

Exchange Netflow and Futures Market Activity Highlight Strong Accumulation

Popcat’s exchange netflow has remained predominantly negative over the past two weeks, indicating that withdrawals have consistently outpaced deposits. This pattern is a strong signal of accumulation, as investors move tokens off exchanges into private wallets, reducing sell-side pressure. Only one positive netflow day was recorded five days ago, reinforcing the trend of sustained buying interest.

Source: CoinGlass

In the futures market, open interest (OI) has increased by 14.5% in the last 24 hours, reaching $157 million. This surge reflects strong capital inflows as traders position themselves for potential price appreciation. The funding rate has remained positive throughout the past week, indicating that the majority of participants are taking long positions, anticipating further gains.

Source: Coinalyze

Currently, long positions constitute 52% of futures accounts, underscoring a bullish consensus among traders. This alignment between spot accumulation and futures optimism creates a robust foundation for potential price advances.

Technical Indicators Suggest Popcat is Poised for Further Gains

Technical analysis reveals that Popcat is breaking out of a descending pattern after successfully defending the critical $0.35 support level. The Relative Strength Index (RSI) is approaching a bullish crossover, which would validate the emerging uptrend and signal sustained buying momentum.

Source: TradingView

If the bullish crossover materializes, Popcat could challenge its 21-day moving average (DMA) resistance at $0.4491. Surpassing this level would open the door for a potential rally toward $0.47. However, maintaining price above the short-term moving average at $0.41 is critical to sustaining this momentum. A failure to hold this support could result in a pullback toward $0.387, signaling a possible retracement.

Conclusion

Popcat’s recent price surge is supported by strong volume growth, sustained accumulation, and bullish futures market sentiment. Technical indicators suggest the memecoin is positioned for further gains, with key resistance levels in sight. Investors should monitor the $0.41 short-term moving average closely, as holding above this level is essential for continued upward momentum. Overall, Popcat’s market dynamics indicate a promising outlook, backed by solid fundamentals and trader confidence.