The current $SOL /USDT 4-hour chart on Binance shows SOL at $207.12, slightly up by 0.16% over the last session. After hitting a high of $225.21, $SOL experienced a pullback, currently finding support near the $200 mark. Key moving averages, such as the MA(7) at $208.38 and MA(25) at $209.87, are hovering close to the price level, which suggests a potential consolidation phase.

Volume activity has been relatively steady, with a notable decrease after the recent peak, indicating that traders might be waiting for a further price direction. Buyers are still in control with 56.78% buy pressure, but sellers are not far behind at 43.22%.

If $SOL holds above $200 and buying pressure increases, there could be a possible recovery toward recent highs. However, if it dips below $200, further downside could be seen.

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