#SOL 500$ in December

$SOL
{spot}(SOLUSDT)
/USDT Analysis:

*Key Metrics:*
- *Current Price:* 125.48 (-0.75
- *24h High:*136.21
- *24h Low:* 123.50
- *24h Volume (SOL):* 4.96M SOL
- *24h Volume (USDT):* 637.79M USDT

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*Moving Averages:*
- *MA(7):*127.73
- *MA(25):* 129.70
- *MA(99):*126.70

The price is currently trading just below *MA(7)* and *MA(25)*, suggesting a *short-term bearish* sentiment. However, it is above *MA(99)*, which might act as *support* around the *126.70* level, signaling that the trend could reverse if the price holds above this level.

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*MACD Indicators:*
- *DIF:* -0.58 (negative)
- *DEA:* 0.20 (positive)
- *MACD:* -0.78 (negative)

The *DIF* is negative, indicating *bearish momentum* in the short term. However, the *DEA* is positive, signaling a *bullish divergence*, which could mean that the downward momentum may slow down or reverse soon. The *MACD* is negative, confirming that the downward pressure is still in play.

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*Support and Resistance Levels:*
- *Immediate Support Level:*123.50 (24h Low)
- *Immediate Resistance Level:* 136.21 (24h High)

- *Support:* The *24h low* at *123.50* is a key level to watch. A break below this could signal further downside risk.#VIRTUALWhales
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