Technical analysis by FTSGroup about Symbol POPCAT: Buy recommendation (2/23/2025)

Huge shark on the daily chart at a very real historical key level looking left. Locally showing an informal cypher-esque structure and looks to be confirming this level as support. Super easy to manage risk here with a stop marginally below the D wave completion, sets you right under this insane level and gives a nice 3:1 RR targeting the top of the A wave which is confluent with the .786 fib node. I'm not entirely confident that BTC is bottoming here and oscillators aren't giving an edge, but if this was a chart disconnected from crypto you'd be stupid not to take the shot given the R:R.