POPCAT ($POP) is showing strength as it maintains the critical support level of $1. After experiencing a recent pullback, the buyers have regained control, suggesting resilience in the market.
The 4-hour Relative Strength Index (RSI) shows an increase in buyer momentum as it transitions out of the oversold zone towards 50%.
Additionally, the 1-day RSI indicates a decrease in selling pressure, reversing from the 40% mark, which suggests a potential upward trend. Key resistance levels to monitor include the 100-day Simple Moving Average (SMA).
