$POPCAT update

There is a clear relative strength in this cat-themed memecoin, it is still trading higher than the Feb 3 dump. While BTC and ETH are crashing and record lower lows, $POPCAT has formed a solid base around 0.2$ mark and by the technical analysis the near-term target is around 0.42-0.44$.  There is formation an inverse head and shoulders pattern at 4H chart, which supports my near-term thesis.

In the long-term I believe that a new ATH will be placed, therefore accumulation at this price is still considered as bargain.

Pops.