#MarketPullback Don't panic, dear #BINANCIAN 💞💞 $SOL A sharp decline and immediate recovery are being observed, the market is trying to stabilize❗❗❗#Solana has experienced significant volatility during the last trading session, with price movement showing a sharp drop from a high of $187.71 to an intraday low of $173.29. This marks a noticeable correction amidst recent gains. However, the market quickly reacted with a recovery to $178.14, indicating active buyer interest near the lower support zone.

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

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