PNUT Deployer: Buys 1.79M BELKA with SOL

The deployer of $PNUT (pnutdeployer.sol) just dropped 49.5 $SOL worth $4,341 to snag 1.79 million $BELKA tokens, firing off an on-chain message: "belka, you have what it takes. this is your moment king. take the acorn & run it in valhalla. make PNUT proud from one squirrel to another…🐿️." This move underscores the wild momentum in Solana's memecoin scene, where squirrel-themed tokens like $PNUT and $BELKA echo the viral hype of recent projects, drawing parallels to Bitcoin's steady climb amid broader crypto market volatility.

On the technical side for $SOL, price action clings to $84.05 in a bearish setup, pressing against the EMA50 at $85.42 which now acts as immediate overhead resistance while the EMA200 at $85.75 reinforces that ceiling for any bullish flips. MACD's death cross at -0.67 signals sustained downside pressure, yet RSI at 40.91 stays neutral, hinting at no immediate exhaustion. Volatility squeezes inside the Bollinger Bands, with upper resistance at $87.97 capping rallies and lower support at $82.40 offering a potential floor—confluence here suggests a probe toward that lower band before any rebound, especially if memecoin trading volumes spike and drag SOL into correlated moves, aligning with SOL price prediction trends and crypto market crash risks in this cycle.