Binance BTCUSDT 10m Trend Prediction

Based on the K-line chart trend, there was a short-term retest confirming support, followed by a rapid upward movement, indicating strong bullish momentum. The current price is approaching the short-term resistance level R1 (119720.6). A volume breakout above this level could lead to higher targets; if not, a brief pullback to the MA5-MA10 range may occur before resuming upward movement. The Bollinger Bands width has narrowed but the price remains near the upper band, with no significant divergence, suggesting the trend continues mildly. The MACD shows a clear bullish trend, with intraday capital flow primarily in favor of the bulls. Although RSI and KDJ indicators are in relatively high levels, they are not in extreme overbought territory, implying that inertia could sustain another one or two cycles of upward momentum. DMI+ (28.45) is significantly greater than DMI- (19.17). Although the ADX has not exceeded 25, the trend has already initiated, indicating the potential for short-term continuation of the rally. Support levels are at 118,313.6 and below that at 117,822.4. If retests do not break below these levels, it remains favorable to position for long entries. The resistance zone between 119,300 and 119,750 should be monitored for flexible profit-taking based on intraday performance. The large institutional positions and account holdings demonstrate a structural bullish advantage, with predominant buying interest from major traders. It is not advisable to short against the trend at this moment. The short-term risk of a correction is lower than the potential gains from continued increase. The primary strategy is to follow the bullish structure, buy on dips, tightly control position sizes, and pay attention to volume changes at resistance levels.