The crypto market has taken a breath, but three tokens—Jupiter (JUP), Shiba Inu (SHIB), and Popcat (POPCAT)—are anything but quiet. All three are testing key resistance zones, and how they behave here could define their next 20–30% moves. Are these just dead cat bounces… or early signs of momentum brewing?
Let’s break down each chart, the key levels, and what traders should watch next.
Jupiter (JUP): A Tightrope at $0.4281
After bouncing from its April low of $0.30, Jupiter has reclaimed $0.409 and is now challenging $0.4281—a zone that acted as a breakdown level back in February 2024.
- Current Price: $0.425
- Key Resistance: $0.4281 (local flip zone)
- Wider Reclaim Zone: $0.46 – $0.63 (old demand zone)
- Support Levels: $0.409 (short-term), $0.365, $0.30
- Breakdown Risk Level: $0.30
The recent reclaim of $0.409 marked a short-term structure shift, but whether this rally has legs depends entirely on the next 48 hours. If Jupiter cleanly breaks $0.4281 with volume, we could be looking at a reaccumulation move into the $0.46–$0.63 zone.
But rejection here? That could send JUP right back to $0.365 or even $0.30, especially if BTC loses momentum.
Technical Edge: Traders are watching for a Fib 0.786 breakout confirmation at $0.4296. If successful, that confirms wave-one structure in an Elliott impulse move. Otherwise, expect reversion.
Shiba Inu (SHIB): Liquidity Grab or True Recovery?
SHIB has clawed back from the dead—again. After plunging to $0.0000102 on March 20 in what looked like a breakdown, SHIB reversed, sweeping liquidity and reclaiming $0.0000108 and $0.0000116.
- Current Price: $0.0000131
- Immediate Resistance: $0.0000138
- Major Resistance: $0.0000156 (March high)
- Support Zones: $0.0000116 (short-term), $0.0000108, $0.0000102 (sweep low)
Now, SHIB is grinding up toward $0.0000138, a supply zone where price has repeatedly stalled. If SHIB closes above this level on daily candles, the path opens to $0.0000156—and possibly even a larger wave toward the 2023 highs.
Analyst Insight: The reclaim of March’s swept low suggests a strong defense by bulls. According to data from The Crypto Basic, a clean flip of $0.0000138 may trigger a 200% run if historical fractals repeat.
If rejected, expect a pullback to $0.0000116, where a higher low could act as a launchpad for a more structured breakout. But below $0.0000108, buyers might retreat.
Popcat (POPCAT): New Range, But Can It Hold?
Few expected POPCAT to survive the early 2025 bloodbath—but here it is, up 47% in the last 30 days, trading at $0.321 after months of sideways action and failed breakouts.
- Current Price: $0.321
- Support Turned Resistance: $0.297
- Range Resistance: $0.397
- Major Resistance: $0.55
- Key Support Below: $0.215
- Breakout Base: $0.1189 (April local bottom)
POPCAT recently flipped $0.297—a stubborn resistance—into short-term support. Holding this level is crucial. A sustained hold can see price expand into the $0.397–$0.55 zone.
Pattern Watch: A bearish Cypher Harmonic Pattern may be forming, with point D around $0.3244. If sellers step in, expect a pullback toward $0.2456 (38.2% Fib) or deeper into $0.1969 (61.8%).
But if POPCAT holds the $0.297 floor, it’s setting up a healthy post-breakout sideways range—exactly what many traders want to see before a bigger push.
So… Rejection or Rocket Fuel?
Let’s be brutally honest—this market is not trending strongly. Bitcoin is hovering near resistance. ETH and SOL are indecisive. That means altcoins like JUP, SHIB, and POPCAT are on borrowed time unless BTC makes a decisive move.
Bullish Triggers:
- JUP cleanly flips $0.4281 with strength → $0.46+ in play
- SHIB closes above $0.0000138 → new highs toward $0.0000156
- POPCAT holds $0.297 and breaks $0.397 → targets $0.55
Bearish Rejection Signs:
- JUP breaks down below $0.365 → liquidity drain toward $0.30
- SHIB loses $0.0000116 → weak hands flushed
- POPCAT loses $0.297 → reversion to $0.215 base likely
Final Thoughts
Right now, the risk-to-reward leans bearish, especially if resistance zones reject and the broader market softens. But volatility creates opportunity—and all three coins are sitting at chart-perfect decision points.
For traders: Watch closely, stay reactive, and keep sizing small.
For investors: These pullbacks might become entry zones for the next leg higher—if macro conditions allow.
Reminder: As always, manage your risk, and don’t get trapped chasing green candles into resistance.