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Here is a concise technical analysis for a post, based on the provided 4-hour SOL/USDT chart:
​SOL/USDT 4H Chart Update: Consolidation Zone
​Current Price: $192.54
​Solana is currently in a tight consolidation range on the 4-hour chart, sandwiched between key moving averages.
​Immediate Support: The price is holding above the 50 EMA at $190.54. A close below this level would signal weakness.
​Key Resistance: The major barrier remains the 200 EMA at $201.87. Sellers are defending this level.
​Outlook: The market is at a critical decision point. A decisive breakout above $202 is needed for a strong bullish continuation, while a breakdown below $190 could lead to a re-test of the recent low around $177.
​Watch $190.54 (Support) and $201.87 (Resistance) for the next directional move.

​Disclaimer: Not financial advice. Trade wisely.
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