Binance BTCUSDT 15m Trend Prediction

From a comprehensive technical indicator analysis, BTCUSDT is currently in a clear downward trend. The price of 107731.20 has broken below the short-term moving averages (MA5-MA20), indicating strong bearish control. The Bollinger Bands percentage at 0.371446 suggests the price is below the middle band and has a continued trend toward the lower band. The support level at the lower band is approximately 107057.19. The DMI indicator is the most critical signal: DI- has reached 28.3102 while DI+ is only 12.2936, showing that the bearish force has a clear advantage. The ADX at 49.6541 indicates this trend has a high likelihood of persistence. Although RSI24 is in an oversold state at 29.1889, RSI6 and RSI12 still have room to decline further, possibly continuing downward into a deeper oversold region in the short term. While the MACD indicator shows a golden cross (DIF > DEA), it remains in the negative territory overall, suggesting limited rebound strength and that this may merely be a technical pullback amid a downtrend. Market data shows a buy-sell ratio of 0.4579, indicating significant selling pressure. The large traders’ long-short position ratio of 0.9741 is near equilibrium, but considering other indicators, the short-term bias remains bearish. Support level analysis: the first support S1 is at 107377.2, and the second support S2 is at 106410.8. Given the current downward momentum, the price may test the 107000-106800 range. It is recommended to monitor the 106800-107300 zone as a short-term target. If the price falls below 106800, it may further test the strong support around 106400. Operationally, it is advised to wait for a bounce to the 107900-108000 range before considering short positions, with strict risk controls.