Binance SOLUSDT 1d Trend Prediction

The current technical chart of SOLUSDT exhibits a clear downward trend, with a prominent bearish moving average arrangement. Both MACD and KDJ indicators show no strong rebound momentum, indicating that the current market is dominated by the bears. The Bollinger Bands percentage_b is only 0.33, with the price operating near the lower-middle band. Simultaneously, the Bollinger Band width is relatively high at 0.40, suggesting that extreme market conditions are likely to persist, and reversal signals are unlikely in the short term. The RSI and KDJ values are both in the low range, showing no signs of strong capital inflow. Momentum repair has not occurred, indicating that bulls are hesitant to take over. Although the number of long versus short accounts and large-holder positions are somewhat skewed towards longs, the active buy-sell ratio is only 0.96, and divergences between large-holder holdings and price hint at an unhealthy buying structure. This suggests that funds may be positioning early without a confirmed trend reversal, posing a potential risk of trend continuation. DMI and ADX data indicate a fully bearish dominance; with DMI minus significantly leading and ADX high, confirming a downward trend. The 141.28 support level will be the primary focus; if broken, the price may seek support at S2 (125.83) and S3 (123.41). The current target interval is set between 125.80 and 141.30. Observe recent candlestick patterns showing a retreat from recent highs along with increasing trading volume. While a short-term rebound cannot be ruled out, the current technical structure suggests that such a rebound would likely be followed by a decline. Trading recommendation: Short-term traders may consider shorting on rallies with a target region of 125.80-141.30. If the price stabilizes above 141.30 intra-day, monitor the rebound strength; however, the primary strategy should remain bearish, with strict stop-loss settings to control risk.