ExitLiqCapital Sees Bullish Structure in Solana Despite Fading Momentum
ExitLiqCapital recently shared his thoughts on pump.fun's token address pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn.
At the time, Solana's price was at $110.28, and ExitLiqCapital noted that it was trading within a bullish structure with support levels at the EMA50 ($105.44) and EMA200 ($97.16).
However, he also pointed out that the MACD death cross at 1.94 indicates fading momentum, while the RSI (61.48) remains neutral.