Crypto
Solana Price Action Stuck at Daily Pivot Amid Mixed Momentum
Solana's price action is at an impasse as it hovers around its daily pivot of $76.86, indicating market indecision across multiple timeframes.
The broader trend structure remains bearish, with the daily EMA200 sitting at $89.36, more than $12 above current price.
On-chain activity is surging, with PumpSwap fees jumping 87.35% in a single day and Raydium AMM posting 30-day fee growth of 82.79%.
The Fear & Greed Index reads 46 (Fear), and Bitcoin dominance sits at 56.55%, suggesting limited risk appetite for altcoin breakouts.