Binance SOLUSDT 1d Trend Prediction

The market has clearly entered a strong breakout phase; after breaking through the upper Bollinger Band, the main capital continues to push the upward trend, combining technical signals with fund flow, and the short-term sentiment is extremely optimistic. The Bollinger Band has sustained widening at both upper and lower bands, with increasing bandwidth, indicating a strong trend characteristic. The MACD indicator continues to expand, indicating continuous capital inflow, and there are no signs of bearish divergence at high levels; momentum has not yet depleted. Both RSI and KDJ show overbought conditions, which typically suggest short-term pullbacks, but a high probability of still pushing towards new highs. Large account holdings ratio far exceeds 2; combined with active buy-sell ratios and bullish-bearish account ratios, it suggests that the main force is leading the rally. The number of bullish and bearish accounts remains balanced but with a larger number of large accounts, indicating that bullish institutional players have not withdrawn, supporting further market gains. Support and resistance points indicate R2 at 264.64 above, and S1 at 167.71 below, offering ample space. Due to overheated technical conditions, short-term traders should watch for minor pullbacks or consolidation to digest profit-taking before a subsequent surge. Strategic suggestion: primarily follow the trend to the upside, avoid trying to short against it. Operations could involve scaling in during short-term pullbacks to the 230-237 range, with a breakout beyond 245 aiming toward R2 at 264-265, with extreme movements possibly testing the target of 295 at the upper side. Set stop-loss below MA10 at 213-215 to prevent extreme retracement. Note: When the market is extremely hot, short-term volatility and retracement risks are very high. When chasing the rise, reduce position sizes and set stop-losses accordingly. If a sudden two-hour large bearish candle appears with increased volume, beware of profit-taking risks by the main funds. However, the overall trend remains upward as the priority.