SOLUSDT is currently trading around $134.35 with strong resistance at $137.55.
If it fails to break this resistance, the price may retrace to test the $130.00 support level, which has held several times before.
The EMA 34 and EMA 89 are supporting the uptrend, but if the price falls below $130.00, the downtrend could continue.
U.S. CPI news could have a significant impact on SOLUSDT. If inflation is higher than expected, the stronger USD may push SOL lower. Conversely, lower-than-expected CPI could support a rise in SOL’s price.
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