Binance SOLUSDT 15m Trend Prediction

SOLUSDT in the 15-minute timeframe, the price has sharply retraced from the high point, currently approaching the lower Bollinger Band, with a clear short-term weakening trend. The MACD is in a confirmed death cross region, with significantly diminished momentum, indicating that the bulls are unable to organize an effective rebound in the short term, and the market is dominated by bears. The RSI across multiple periods remains in an extremely oversold zone, with strong short-term selling pressure. Although a rebound is possible, a downward space is still expected in the short term, and support can be sought in the 136.80-138.50 range. All KDJ indicators are very low, reflecting widespread short-term market sell-off phenomena, with no signs of bottoming out. Caution is needed as there may still be inertial downward movement before any rebound. In terms of moving averages, MA5, MA10, MA20, and MA50 all display a bearish arrangement, with the price well below the moving averages, indicating a significant downward trend correction. The large trader holdings ratio shows a bullish advantage, but insufficient cooperation between funds and volume suggests a technically short-term bearish bias. Caution is advised regarding the possibility of large traders bottom-fishing later, but early long positions are not recommended at this stage. The support zone between 136.46 and 136.0 is a key point of focus. If this region can effectively halt the decline, the market may oscillate or experience a slight rebound; however, the current cycle is primarily downward. Position size should be strictly controlled. Short positions can consider gradually taking profits above 138.50, with stop-loss set above 140.65 (the invalidation zone of the lower Bollinger Band) to prevent rebounds from sweeping out positions. Do not blindly chase long at this moment; maintain a wait-and-see attitude.