#MarketPullback A sharp decline is observed, followed by an immediate recovery; the market is trying to stabilize. $SOL experienced significant volatility during the last trading session, with price movements showing a sharp drop from a high of $187.71 to an intraday low of $173.29. This marks a noticeable correction against the backdrop of recent gains. However, the market quickly reacted, recovering to $178.14, indicating active buyer interest near the lower support zone.

The current trading volume is 4.86 million SOL, with nearly equal distribution between bids (52.26%) and asks (47.74%), reflecting a cautiously balanced attitude. Over the last 7 days, SOL has shown an increase of +5.11% and remains up +23.01% over the past month. Despite this short-term strength, the indicators for 6 months (-30.43%) and 1 year (-0.50%) highlight market pressure.

Technical indicators suggest that the market is trying to stabilize after a rapid sell-off. Traders are advised to closely monitor price movements in the $175–$180 range, which is now a critical zone for potential support or a resurgence in selling pressure.