$SOL Judging by the chart (SOL/USDT, 1h), the current picture is as follows:
The price sharply increased from ~173.6 to 204.96, then a correction began.
EMA 50 (yellow) and EMA 200 (blue) show a clear bullish trend — both lines are directed upward, and EMA 50 is significantly above EMA 200.
The last candles show a pullback to ~197 with a quick buyback (long lower shadow on the red candle). This means that buyers are still active.
Volumes increased during the rise and slightly decreased during the correction — this is a sign that the decline is not currently supported by strong selling.
📊 Forecast for the next few hours:
If the price holds above 195–196, there is a high probability of a retest of 200–205.
If it breaks 195 down on volumes, it may go for a correction to 190 (around EMA 50).
💡 The market is currently at a “turning point” — either a bounce and continuation of the rise, or a deeper correction. The key level is 195.