$SOL hit a local high at $209.86 before facing selling pressure, now pulling back to around $195.28 (-6.07% on the day).
Even with this drop, the bigger picture still shows strength:
Price is holding above the 7-day MA ($188.36) and 25-day MA ($180.33)
Strong rally from the recent low of $155.83 shows buyers are still active
Volume remains elevated after the breakout, suggesting interest hasn’t faded.
If bulls can defend the $187–$188 support zone, another push toward $200+ could be on the table.
Lose that level, and we might see a deeper retest near $180.
SOL’s uptrend isn’t broken, just taking a breather after a sharp run.