Binance SOLUSDT 4h Trend Prediction

From the K-line and Bollinger Band structure, SOLUSDT's current price is around 215 with strong support, very close to the lower Bollinger Band, showing obvious signs of short-term oversold conditions, but no strong breakout signal. MACD is diverging below the zero axis, but the downward momentum is waning, and it may soon enter a consolidation and correction phase. Combined with RSI hovering at low levels, the risk of further sharp declines is limited. KDJ three lines are hovering at low levels, with J value comparatively low, indicating a possibility of technical rebound in the medium term. However, since K and D have not formed a clear golden cross, the rebound height is uncertain. DMI and ADX show that the current trend is still dominated by bears, but without a significant trending force. Coupled with data indicating that bulls are slightly favored among large traders, there is pressure for a rebound, and the market is expected mainly to fluctuate within a large range, with support and resistance at approximately 212 and 228 respectively. The funding rate is negative, indicating that leveraged short positions have a higher cost, and some funds have the motivation to close short positions. The divergence between the active buy-sell ratio and large trader accounts' long-short ratio suggests short-term chips are still subject to gaming and divergence, further supporting a consolidating view. Recent trading volume has not expanded significantly, indicating limited downward energy. Short-term price movement may stay within a range of consolidation. It is advisable to wait for a stabilization confirmation in the 212-215 zone before observing for a breakout direction. Stop-loss can be set below 212. If the price breaks below that, be alert for further drop to S2 (around 199). If a rebound occurs, the short-term resistance is mainly around MA20 (226) and the center of the Bollinger Bands near 228, with strong resistance at approximately 234. Trading suggestion: Focus on the 212-215 low-risk buy zone. If a rebound faces resistance near 228, consider gradually taking profit or reducing positions. If the price breaks below this range, execute decisive exit to control risk. Conversely, a sustained move above 228 may signal a buying opportunity.