$SOL SOL) is experiencing a market pullback, currently trading around $146.89. This decline follows a recent peak of approximately $155, where the price encountered significant resistance. Technical indicators, such as the Moving Average Convergence Divergence (MACD), suggest a bearish divergence, indicating potential challenges for further upward momentum .

Despite the pullback, some analysts remain optimistic. The Relative Strength Index (RSI) and Chaikin Money Flow (CMF) indicators point to continued bullish momentum, with short-term targets around $171.43. If market conditions improve, SOL could potentially break above $200