Binance SOLUSDT 1d Trend Prediction

Currently, SOLUSDT price has strongly broken above the upper Bollinger Band, indicating short-term overbought risk although bullish capital continues to flow in. The moving average system is fully arranged in a golden bull configuration, and the daily chart is in a strong upward driving cycle. The MACD indicator continues to expand upward, demonstrating vigorous momentum. RSI once exceeded 80, entering an extreme overbought zone, but in the main upward surge, RSI can sustainably operate at high levels; thus, short-term adjustments are possible, but the overall trend remains unchanged. KDJ indicator J-line exceeds 100, showing very strong short-term explosive power, which also suggests caution for follow-up capital, but large holders’ long positions are sustained, continuously pushing prices higher. The large holder positioning ratio and the account longs-to-shorts ratio remain above 1, with active buy-sell ratios near balance, indicating some short-term profit-taking within the market, yet main force traders remain firmly bullish, driving prices higher. 24-hour trading volume and turnover continue to significantly expand, coupled with increased amplitude, indicating market activity and that the trend has not peaked. In case of a short-term correction, the MA5 (236) or the upper Bollinger Band (243) will serve as good support levels for pullbacks. The upward target within the 1-day cycle is expected at the R2 zone (264). If volume further increases, it is likely to challenge R1 (295). However, given the obvious short-term overbought condition, investors should implement proper risk controls; if the price falls back below 243, stop-loss measures should be considered. It is recommended for investors to stagger buying and selling positions, avoid blindly short-term trading, and focus on low pulls during corrections and mid-to-long-term bullish positions. If during intraday a pullback occurs to the 243-246 range, traders can consider long positions with stop-loss set below MA10 (222), in order to hedge against overbought correction risks.