Binance BTCUSDT 15m Trend Prediction

Recent 15m candlestick chart shows a primary uptrend since the previous session, but volatility and trade volume stabilized post-surge, evidencing consolidation. Price rejected at upper Bollinger region (≈88024) several times, repeatedly trading around mid-band (87633). Multiple wicks above resistance hint at failed breakout attempts, supporting range thesis. Short-term RSI(6) is severely oversold, while mid-term RSIs hover around neutral, denoting lack of conviction from either bulls or bears; risk of sharp mean-reversion moves if liquidity spikes. MACD remains negative but histogram shows less downside expansion, implying bears are losing strength. Consolidation phase likely as market digests whale long positioning. Exchange metrics: Top whale long bias is pronounced, but low buy/sell ratio and accounts ratio near equilibrium increase risk of a bull trap if price cannot secure fresh demand above 87700. Support at 87243 (lower BB/S2) strongly held in recent dips; resistance at 88024 is recurring sell zone. Failure to hold above middle Bollinger risks short-term pullback. If support at 87243 fails, anticipate move towards S1 (86061). Trading plan: Await confirmation of support near 87243-87400 before adding to positions. Avoid chasing breakouts until ADX or volume spikes, or MACD histogram returns positive. Employ tight stop-loss 1.5% below entry (≈86000) in case of breakdown. Summary: Short-term oscillation likely within 87200-87700 range. Current technicals favor patient capital deployment and reactive trading, not momentum chasing. Reinforce discipline via immediate exit if market momentum deteriorates.