Binance SOLUSDT 1d Trend Prediction

The previous one-cycle candlestick demonstrates a sustained rebound trend, with short- and medium-term moving averages aligned in a bullish configuration, volume has moderately increased, and the bullish trend remains stable. The upper band of the Bollinger Bands at 202.12 is close to the current price of 190.99, and the percent_b value exceeds 0.8, indicating that the short-term price is likely to break upward but caution should be taken regarding resistance pressure at the upper band. The MACD shows a clear golden cross pattern, with both the DIF and MACD histogram in positive territory, indicating sufficient current momentum and supporting further upside. The RSI and KDJ indicators are both at high levels but have not yet shown reversal signals. Combined with long- and short-position structures and large retail holder holdings, the market’s dominant funds still favor a bullish short-term outlook. Volatility indicators show increased short-term fluctuations, and with ADX above 30 (35.33), the trend is considerable, with DMI+ significantly higher than DMI-, highlighting a pronounced bullish advantage. Key support levels are at 167.71 (S1), and resistance is at 200.21 (R3). A volume breakout above R3 could target the 210 USD range. During pullbacks, strong support is still expected around the 20-period moving average (169.93) and S1. Overall, the short-term outlook is cautiously bullish, with initial target ranges of 200-210. A decline below the 20-period moving average (169.93) should trigger alert for a potential reversal, and a stop-loss is recommended below 167. Due to high leverage in derivatives, caution is advised; gradually reducing positions on rallies to lock in profits is recommended.