Binance SOLUSDT 12h Trend Prediction

The current SOLUSDT price is close to the upper Bollinger Band, with moderate Bollinger Band width, indicating increased volatility but no weakening of the trend. The moving average alignment is clearly bullish, with all short- to mid-term MAs (MA5, MA10, MA20, MA50) well below the current price, suggesting unobstructed short- and medium-term upward paths. Only the MA200 is significantly above the current price, indicating limited long-term resistance. Both RSI and KDJ are at extremely high levels, typically indicating short-term overbought conditions with risk of a correction. However, in a strong trending market, overbought states can persist, and active buy and sell data, along with bullish and bearish positions, do not support signs of a top at present. There may be a rally followed by a correction later. Bullish and bearish account and position indicators all demonstrate active institutional holdings, with capital flow clearly favoring the bulls. This suggests a high probability of further upward movement or sideways consolidation in the short term. Support is at 134.3, resistance at 143.5 and 148.0, indicating room for further upward movement compared to the current price. After reaching the target zone, caution is advised regarding potential overbought corrections. Based on candlestick analysis, recent market activity following a long-term pullback has shown increased volume during a short-term upward trend, with capital and sentiment resonance triggering a rebound. There is an estimated probability of further rallying within the 143.5-148.0 range in the next 12 hours. After reaching this zone, traders should watch for short-term technical profit-taking. Trading suggestion: In the short term, consider following the bullish trend cautiously, paying attention to resistance levels at 143.5 and 148.0. Strict stop-loss should be placed below 135.5 (when key support is broken). Take profit near the upper target zone. If the target zone is broken rapidly, consider riding the momentum but gradually reducing positions to lock in profits.