$SOL /he is carsh to pumping

/USDT over a 1-hour timeframe, showing a current price of $130.94, down by 2.06%. The price is experiencing a downward correction after reaching a 24-hour high of $135.58, with support around $130.16. There is significant volatility in the market as reflected by the 24-hour volume for SOL at 2.57M and USDT at 342.28M.

Technical indicators show a short-term bearish sentiment, with the price breaking below the moving average and the MACD potentially signaling further downside. The price is trading near a key support level around $130, which traders should watch for either a potential rebound or further decline. With the 7-day loss of 9.42% and 90-day decline of 23.48%, the overall trend is still uncertain, requiring close monitoring. However, the 1-year gain of 544.34% hints at long-term potential for traders seeking entry after this correction.

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