Popcat Price Prediction: Seller Dominance and Weakening Support Levels Signal Bearish Outlook

The recent turmoil in the Popcat (POPCAT) token market has exposed critical vulnerabilities in its price structure, with seller dominance and deteriorating support levels amplifying near-term bearish risks. A deliberate manipulation scheme orchestrated by a single actor using $3 million in USDC to artificially inflate prices has triggered cascading liquidations and eroded investor confidence according to Coindesk reports. This event, coupled with technical indicators pointing to fragile support levels, underscores a high probability of further downward pressure on the token.

The Mechanics of Market Manipulation and Seller Overload

According to a report by Coindesk, an individual exploited Hyperliquid's liquidity mechanisms by deploying large buy orders across 19 wallets, temporarily inflating POPCAT's price before abruptly withdrawing liquidity. This "wash trading" strategy caused a $4.9 million loss for Hyperliquid's community-owned liquidity vault (HLP) and left the market in disarray. The aftermath saw a surge in short-term selling as traders rushed to exit positions, with whale activity data revealing a 5.8% increase in POPCAT accumulation by top wallets in September 2025-suggesting strategic accumulation amid volatility. However, this accumulation has not translated into sustained buyer momentum, as the token remains below its 30-day simple moving average ($0.1494), a key bearish signal.

Technical Indicators Highlight Fragile Support Levels

While POPCAT's 1.82% rise over the past 24 hours outperformed the broader crypto market (+1.4%), this rebound appears to be a temporary reprieve. The Relative Strength Index (RSI) has moved out of oversold territory to 44.92, and a bullish MACD crossover has emerged, yet these indicators lack conviction given the token's position below critical moving averages according to technical analysis.

A descending triangle pattern is forming on the price chart, with key support levels between $0.22 and $0.30 and resistance at $0.3427 and $0.4067. Traders are now closely monitoring whether POPCAT can hold above $0.14 to avoid a retest of the $0.0796 level according to price analysis. The failure to defend these support levels would likely trigger further liquidations, particularly as open interest remains elevated from the recent manipulation-driven spike.

Implications for Near-Term Price Action

The combination of structural seller dominance and weakening support levels paints a grim picture for POPCAT's near-term prospects. The manipulation event has not only drained liquidity but also exposed the token's susceptibility to coordinated attacks-a red flag for risk-averse investors. While short-term rebounds may occur due to technical bounces or whale-driven accumulation, the broader trend remains bearish unless the price can break above the $0.3427 resistance level with sustained volume.

For now, the market appears to be in a state of consolidation, with sellers gaining the upper hand as confidence in the token's stability wanes. Investors should remain cautious, particularly as the $0.14 support level is within striking distance. A breakdown below this threshold could accelerate the decline toward $0.0796, reigniting panic selling and further eroding market value.

Conclusion

Popcat's price trajectory is increasingly shaped by seller dominance and deteriorating technical fundamentals. The recent manipulation incident has left the market vulnerable, with support levels failing to hold against aggressive short-term selling. While technical rebounds offer fleeting hope, the absence of sustained buyer participation and the fragility of key support levels suggest a continuation of bearish pressure in the near term. Investors are advised to monitor liquidity conditions and price action below $0.14 closely, as these will be critical determinants of the token's next move.