Binance SOLUSDT 1d Trend Prediction

Based on the current candlestick structure, SOLUSDT has effectively broken above the MA20 and MA50 levels following a rebound from the recent low point, with the daily chart showing a oscillating upward trend. The current price is approaching the upper/mid band of the Bollinger Bands. Although there is a short-term technical correction demand, the primary upward trend remains intact. The MACD maintains a golden cross, with increasing histogram bars, indicating ongoing capital inflow. Multi-timeframe RSI indicators are not in extreme zones, reflecting that the rally has not overextended. The KDJ J-value has periodically retreated; if a correction occurs, it could provide an opportunity for long positions to add on dips. However, the overall probability favors continuation of the upward trend after any minor pullback. Combining the positions of market makers and large institutional holdings, the bullish signals are prominent. Main capital inflows and active buy/sell ratios are near equilibrium, suggesting short-term discrepancies but an overall clear bias towards large investors' positions. The support level S1 is at 160.77 USDT, which is relatively distant from the current price, indicating manageable risk. Forecast for the next 1 day: SOLUSDT is expected to continue a mildly strong oscillating upward movement, targeting a range of 193.5 to 200.0 USDT. If a new high is breached, attempt to challenge higher resistance levels; if a short-term pullback occurs, focus on MA10, MA20, or the middle Bollinger Band around 175-177 USDT as primary defensive supports. Trading suggestion: Consider taking a light long position in line with the trend, primarily buying on dips near the 186-188 USDT zone, aiming for 193.5-200.0 USDT. Implement risk controls around 175 USDT, slightly below MA20. If a volume breakout above 200 USDT occurs, monitor the higher resistance R2=264.64 USDT; otherwise, engage in short-term scalping for profits by buying low and selling high.