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Current Price (Approximate): Around $130 - $133 USDT (This price can change rapidly). Short-Term Trend: The sentiment is currently mixed to bearish in the very short term (daily/4-hour charts), with some indicators suggesting a "Sell" or "Strong Sell" action. The price is consolidating or trading sideways near a key support level. Key Levels: Immediate Support: $128 - $130 Immediate Resistance: $138 - $140 Long-Term Trend (Weekly/Monthly): The long-term outlook remains generally Bullish, as the price has been in a strong uptrend over the past year. General Sentiment: The market is at a critical juncture, with traders watching to see if the immediate support holds for a bounce or if a breakdown occurs toward lower support zones. #SOLUSDT #CryptoAnalysis #CryptoRally $SOL
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Key Events This Week: 1. October Retail Sales data - Tuesday 2. November Jobs Report - Tuesday 3. November CPI Inflation data - Thursday 4. December Philly Fed Manufacturing Index - Thursday 5. October PCE Inflation data - Friday 6. November Existing Home Sales data - Friday 7. MI Inflation Expectations data - Friday 8. MI Consumer Sentiment data - Friday 9. Total of 5 Fed speaker events A massive backlog of economic data is coming this week.
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