Popcat has surged 4.67% in the last 24 hours, regaining market control. Key points:

Charts

1. Bullish crossovers: Popcat makes bullish crossovers on RSI and Stoch RSI, signaling strong buying pressure.
2. Positive Weighted Sentiment: Market sentiment has turned positive for the first time in seven days, indicating strong bullish sentiments.
3. Spot netflow turns negative: Investors are transferring tokens off exchanges, implying a rising accumulation rate.

TA

1. Local bottom: Popcat seems to have hit a local bottom, allowing new buyers to reenter the market.
2. Upward momentum: The upward momentum is strengthening, while the downtrend is losing strength.
3. Funding Rate remains positive: Investors have a high demand for long positions, reflecting bullish sentiment.

PO

1. Revisit $0.6: If market conditions hold, Popcat will revisit $0.6 and then face resistance at $0.9.
2. Critical support levels: Popcat must hold above $0.5 for the bullish outlook to hold; failure to do so may see a drop to $0.47.