Solana Memecoin Market Forecast – Today’s Outlook (June 20)
Over the last 3 days, we’ve seen a shift in smart money activity around memecoins.
On June 18, smart money made strong buys of over $5.5M, with volume also rising above $3M, one of the highest points in the past week. However, the momentum quickly flipped yesterday, where sells surged past $5.5M and volume dropped sharply. This quick reversal shows traders likely took profit after the big spike.
Today, while things are calmer, we're seeing more buys than sells, suggesting early signs of renewed interest.
Forecast:
If buy momentum continues today and into tomorrow, we could see another upward push, especially if new tokens or narratives emerge. But if volume remains low, it may signal indecision or caution from smart money.
Watch closely for any sharp increase in volume, that’s your early signal for the next move.
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