Binance XMRUSDT 30m Trend Prediction

From the 4-hour candlestick analysis, following a significant upward movement, recent volume has increased markedly but price momentum has stagnated; signs of a pullback at the top are emerging, with divergence between volume and price apparent. Bollinger Bands are widening; the current price is situated between the middle and lower bands, with percent_b at only 0.25, indicating a high probability of further downturn; overall trend appears weak. Although MACD has entered the mid-low region, the death cross has not been resolved; the histogram bars are enlarging, indicating strong short-term selling pressure, with no clear signals of a price reversal. RSI approaches oversold levels but has not yet confirmed a rebound; if the price breaks below the lower band, it may approach the S1 support zone (approximately within 680-700). All three lines of KDJ are in the oversold zone, with no sign of a trend reversal; the bullish and bearish volume ratios, as well as active buy-sell ratios, indicate current buying momentum is weaker than selling; main capital is likely on the sidelines or exiting. Overall, XMRUSDT still bears a likelihood of declining further toward the lower Bollinger Band (around 680) and nearby weak support zones. If the price drops below 690, the next target could be around the S1 support at approximately 635.56. It is recommended to maintain short positions; if the price reaches the 680-700 range, watch for signs of a reversal before taking profit. Long positions are not advised to be initiated prematurely; await confirmation of a second bullish crossover in indicators like KDJ. In case of a sharp short-term rebound, the target resistance is around 720 (R1). Under current predominantly weak consolidation conditions, operations should be cautious with proper stop-loss placement.