Binance SOLUSDT 15m Trend Prediction

From the candlestick chart perspective, SOLUSDT experienced a strong upward movement previously, followed by a recent high-level retreat within the 15-minute cycle, with volume expanding and rapidly declining. The candlesticks have shifted from high levels to consecutive bearish candles, indicating short-term selling pressure. Bollinger Band analysis shows the price has fallen near the lower band with the percent_b at only 0.26, suggesting the price is oscillating at the lower end, with a risk of continuing downward to touch or even break below the lower band. After a MACD death cross, the green bars have expanded simultaneously, indicating that short-term momentum has not weakened. Coupled with all moving averages displaying a bearish arrangement, with the 20MA and the 10MA, 5MA all forming resistance levels. RSI and KDJ across various periods are both in oversold zones, but no significant bottom divergence signals have appeared, indicating a higher probability of continued decline rather than an immediate reversal. Trading volume is in an expanding trend; together with an insufficient active buy-sell ratio, short-term funds are actively liquidating positions. Support levels to monitor are the Bollinger lower band at 194.84 and S1 at 185.07. However, in the short term, support is expected around the 194.80-196.20 range. Data on long and short positions and accounts suggest that large traders and capital are relatively bullish, but short-term major funds have not continuously driven prices higher. Instead, they may be offloading positions on the left side. Long positions at high levels by large traders should be cautious of potential trap-induced rises. Overall, technical indicators tend to favor further short-term downward movement, with SOLUSDT likely to break below previous lows within the next 15 minutes, with support possibly found at the 194.80-196.20 area. If no clear rebound signals emerge subsequently, further declines below S1 (185.07) cannot be ruled out. The operational recommendation is to cautiously pursue short positions in the short term, remaining alert to technical rebounds after overselling.