Binance BTCUSDT 15m Trend Prediction

Based on the trend of the candlestick chart, after forming a top recently, it has continued to decline, with the current price approaching and testing the lower band of the Bollinger Bands, showing signs of breaking below. Trading volume has not shown extreme expansion, mostly representing stable release of bearish pressure. The MACD is fully arranged in a bearish configuration, with the histogram significantly expanding, indicating a trend downward. The RSI across various periods is in an extreme oversold zone, but no signs of a rebound from oversold conditions, implying short-term capital outflows are still ongoing. Although large institutional traders hold relatively high long positions, the actual active trading and number of accounts driving the market are predominantly bearish, with retail investor sentiment clearly fearful. Support levels at 117406, 117388, and 117315 are approaching; it is highly probable that the price will probe down to this support zone. If strong buying support is not observed, further breakdown below these levels is possible. ATR/volatility metrics indicate short-term expansion of volatility space, with the downward trend in price intensifying. DMI and ADX confirm features of a unilateral trend. Most technical indicators suggest an extremely bearish short-term outlook. It is expected that the price will continue to decline over the next 15 minutes or reach a critical support area at 117200-117500. Investors should wait for signals confirming the depletion of bearish momentum. If support is broken, stop-loss is recommended; if support holds, watch for signs of stabilization or a rebound.