Solana (SOL) has performed remarkably recently, but market fluctuations are still ongoing. The latest market data shows that SOL began a pullback after reaching a high of $206.4. In the short term, the downward trend may continue, and investors need to follow closely.

On the technical side, the moving average support level has shifted down to the $202-203 range, which could become a key price point during the European and American trading sessions. If the price can stabilize in this range, it may be poised for another upward breakthrough. However, if it fails to break through the previous high, it may continue to fluctuate within this range.

It is worth noting that if SOL fails to maintain strength, the $196-$194 range may become the next support zone. Market participants should remain vigilant and closely monitor price fluctuations and changes in trading volume.

In the current market conditions, investment strategies need to be more flexible. If SOL demonstrates an unexpectedly strong rebound, investors may need to reassess their strategies and consider making moderate adjustments to their positions.

Overall, the trend of SOL is still at a critical moment, with the possibility of a breakout to the upside, but also facing the risk of a pullback. Investors need to remain calm and consider various market factors comprehensively to make rational investment decisions.