Popcat SOL is the Only Performing Solana Memecoin Right Now 🐺
Popcat is currently the only Solana crypto showing gains despite a down market. As of now, Popcat has surged 84% weekly and is trading at $0.456, with a 24-hour change of -2.27% and volume down by 58%.
Other Solana memecoins like WIF, BONK, and BOME have seen less impressive performances.
Technical indicators suggest a short-term correction for Popcat, with prices consolidating near the Bollinger bands' center line and a volume oscillator showing a -42% decrease, indicating increased selling pressure.
Despite this, Popcat remains above all moving averages, suggesting it could hold above $0.35. It may trade between $0.42 and $0.45 until the market improves or memecoin season picks up. If the market stays resilient, Popcat might break the $0.53 resistance, potentially rallying to $0.72.
Traders should watch the support zone for buying opportunities during any corrections.
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