Binance SOLUSDT 15m Trend Prediction

The candlestick chart shows that SOLUSDT has experienced multiple rounds of decline, currently consolidating weakly within the lower Bollinger Band, without signs of a rebound with increased volume. The overall trend tends to remain weak, with no clear signs of stabilization detected. The moving average system is fully arranged in a bearish configuration, with MA5, MA10, and MA20 below MA50 and MA200, indicating significant short-term resistance, and the price remains below short-term moving averages. From the indicator perspective, MACD shows a bullish crossover but remains in negative territory; RSI6 is in an extremely oversold condition but shows limited rebound momentum, implying that the current movement is merely a weak oscillation with insufficient bullish capital involvement. The KDJ J value has dropped sharply, indicating weak momentum. The ADX is above 25, signaling a strong trending market; DMI- exceeds DMI+, confirming a clear dominance of the bear side. Subjectively, while the bullish and bearish account ratios and the number of large traders are somewhat skewed towards the bulls, active buying does not show strength. Main capital remains cautious and observing, with no concentrated bullish intent. Funding rates are very low, reflecting diminished speculative enthusiasm. Support level S1 is at 140.94, with prices approaching this level, providing some short-term support; however, the overall weakness persists, and there is a risk of inertia-driven breakdown. In the 15-minute timeframe, a breakdown might lead to a slight dip before trying to stabilize. Resistance levels are far above, with significant upward pressure on any rebound. Overall, within the 15-minute cycle, SOLUSDT is expected to continue a slow downward trend with a target range of 140.80-141.50. In case of an abrupt drop, a weak stabilization might occur followed by a rebound, but buying requires waiting for a complete stabilization signal. Defensive short positions can be set above 142.60, mainly cautioning against aggressive long entries.