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PS5 Beeps once but does not turn on

First I started getting a error CE-108262-9, the console would freeze or sometimes shut down instantly. I did a factory reset but the problem was still ongoing. The console kept asking to perform factory reset. I tried doing a factory reset again when is shut down mid reset and then would not start again. Now the console beeps once but does not turn on (no lights - absolutely nothing)

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Have you tried replacing the power supply?

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Jerry Rebel crwdns2934231:0crwdne2934231:0
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