$SOL The current price is $181.97.
The 24-hour high is $193.92, and the 24-hour low is $180.00.
The price has dropped significantly from its recent high, indicating a bearish trend.
The chart shows a sharp decline in price, followed by a slight recovery.
*Volume*
The volume has increased during the price drop, indicating a high level of selling activity.
The volume has decreased slightly during the recent recovery, suggesting a decrease in selling pressure.
*Assess the Trend*
Based on the chart, the short-term trend appears to be bearish due to the significant price drop. However, the recent recovery suggests that the selling pressure may be easing.
* Possible Next*
If the price continues to recover and breaks above the recent high, it could be a sign of a bullish reversal.