Binance SOLUSDT 1d Trend Prediction

SOLUSDT current price at 156.86, clearly near the lower band of the Bollinger Bands, with MACD showing a death cross, RSI in the doldrums, and moving averages arranged in a bearish configuration, indicating a comprehensive weakening of the technical outlook. The candlestick chart shows a rapid decline from mid-term highs, with trading volume in recent cycles not exhibiting significant expansion, suggesting that market participation sentiment remains weak and a strong rebound is unlikely. Although the holdings ratio of major investors is relatively high, the active buy-sell ratio, MACD, and DMI all indicate dominance by the bears, implying that the funds are actively stopping losses or divesting at high levels, with a clear intention among large players to move the price downward. Indicators show that short-term volatility and ATR remain at medium to high levels (ATR 12.58); combined with high ADX, further confirming that the overall downtrend has not ended, and the price may seek support around the key support zone S1 (135.5~145.5). Future 1-day trend is expected to fluctuate downward, targeting the range of 135.5~145.5, or retrace and consolidate within this range, requiring observation to see if volume supports signs of a rebound. Trading suggestion: Short-term holders should strictly control risks, set stop-loss above 145, and if the price effectively breaks below 140, consider increasing short positions. For longs, it is advisable to wait and see for stabilization or a change in indicators before low-level accumulation. Stop-loss recommendation: If the price re-breaks and stabilizes above MA10 (158.8) and the middle Bollinger Band (174), shorts should quickly stop-loss and wait for trend clarity before re-entering.