Cat in a Dog's World (MEW) Price Forecast: Bullish Divergence Hints $0.008 Rally

Cat in a Dog's World (MEW) has gained traction among memecoin enthusiasts, posting a 4.28% increase today to reach $0.0062.

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technical analysis suggests that POPCAT (POP) is poised for another leg up, while Cat in a Dog’s World (MEW) is showing signs of a breakout. Here's what the charts are saying today.

POPCAT (POP) Price Analysis: Technicals Point to $2 Target

After breaking through a key resistance at $1.18 earlier this week, POPCAT (POP) is now eyeing the next psychological round number on the chart. A bullish continuation from here could see POP price targeting the $1.50 level, followed by further upside toward $1.80.

On the downside, any dips are likely to find strong support around the $1.00 level. The Bollinger Bands are showing expanded volatility, which could favor another leg up if buyers maintain control. The momentum is underscored by the steep rise in the Bollinger Percent B, indicating a potential continuation of this rally.

A clear break below the lower Bollinger Band or a failure to hold above $0.80 would weaken the bullish outlook. In the short term, traders can expect consolidation at $1.50, followed by another attempt to rally higher toward $1.80. If this resistance gives way, POP price may continue its bullish trend, targeting $2.00 in the coming week.

Cat in a Dog’s World (MEW) Price Forecast: Bullish Divergence Hints $0.008 Rally

Cat in a Dog’s World (MEW) has gained traction among memecoin enthusiasts, posting a 4.28% increase today to reach $0.0062. As of Oct 6, MEW price is up 35.8%, far outpacing BTC's 6.6% gain over the same period.

With its market cap approaching $533 million, MEW is benefiting from a broader bullish wave in the Solana (SOL) ecosystem. The technical landscape shows that MEW is on the verge of a breakout, supported by strong momentum from the Relative Vigor Index (RVI), which is at 49.67 and rising.

The Donchian Channel also shows a price range contraction, a precursor to potential volatility. MEW's price is hovering near the upper Donchian Band, indicating a breakout could follow. Volume indicators are also trending upwards, which suggests that more traders are accumulating this token ahead of what could be a large move.

A bullish divergence on the daily chart is hinting at a potential rally toward $0.008. However, a failure to break out from the current price range or a clear close below $0.004 could weaken the bullish outlook. In such a scenario, MEW price may drop toward the lower Donchian Band at $0.003.

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