Binance BTCUSDT 2h Trend Prediction

BTCUSDT over the past two hours has shown continuous bullish momentum signs, with the current price near the upper band of the Bollinger Bands and all moving averages aligned bullishly. The short-term support zone is stable, complemented by the MACD and KDJ indicators both at high levels, indicating no top formation yet, and theoretically, there is still room for an inertial upward push. Although overbought signals (RSI and KDJ at high levels) suggest caution against a brief profit-taking correction, the active buy-sell ratio and the dominant positions held by major traders provide market buoyancy. It is expected to maintain a strong, oscillating upward trend. Resistance levels R1 and R2 are at 123,300 and 122,113 respectively. Short-term strong upward movement may test around 122,200. A volume breakout above R1 could trigger a new round of acceleration, but current forecasts should consider short-term pullbacks followed by a rebound. Volatility, indicated by a high ATR and DMI+ exceeding DMI-, supports significant price fluctuations. The ADX is in an active rising phase, reflecting an effective trend. Trading volume is moderate without obvious sudden surges, with clear signs of control by large traders. The main risk in bullish positions is a rapid correction after overbought conditions. Current strategy emphasizes following the main trend without blindly chasing highs. Operational suggestion: Consider buying on dips in alignment with the trend, with short-term long target zones between 120,400 and 122,200. Set stop-loss below the middle Bollinger Line at approximately 118,200 (around 118,000). If a price spike occurs, profit can be taken gradually within the target range through partial exits. The market is relatively strong and suitable for trending trades. If prices approach high levels with volume and then retract, wait for support confirmation before considering additional positions.