KULR Technology's 15min chart sees Bollinger Bands Narrowing and KDJ Death Cross.

According to KULR Technology's 15-minute chart, the Bollinger Bands are currently experiencing a narrowing trend. Additionally, the KDJ indicator has triggered a death cross at 10/17/2025 16:00, which indicates that the magnitude of stock price fluctuations is decreasing and the momentum of the stock price is shifting towards the downside. This suggests that the stock price has the potential to further decrease.

Soluna Holdings, a green data center developer and Bitcoin miner, has recently secured a significant financial boost and strategic partnerships that could reshape its investment narrative. The company has secured a US$100 million credit facility from Generate Capital to refinance its green data center projects and expand its renewable-powered computing capacity. Additionally, Soluna has resolved issues with its former lender, NYDIG, and entered new agreements with KULR Technology Group and Canaan Inc. to enhance its Bitcoin mining capabilities and broaden its customer base, according to Simply Wall St (Soluna Holdings (SLNH) Secures $100M Credit and New Partnerships Is Its Bitcoin Pivot a Game Changer?).

The new credit facility and strategic partnerships are notable developments for Soluna. The US$100 million credit facility from Generate Capital will allow Soluna to refinance its green data center projects, potentially addressing capital constraints and lender disputes that were previously major hurdles. The new partnerships, particularly with KULR Technology Group, signal a shift in Soluna’s growth catalysts and risk profile. The KULR partnership is particularly significant as it represents Soluna’s first direct engagement with a Bitcoin treasury-focused company, expanding its reach beyond traditional Bitcoin miners and providing a template for innovative service models in the industry, as noted in the Simply Wall St article.

However, Soluna’s investment narrative is not without its challenges. The company has seen a period of contracting sales and reported a GAAP net loss of $0.69 per share in Q2 2025. While the losses narrowed from the prior year’s levels, the company’s ongoing capital needs are evident. Soluna has been raising capital through equity offerings and an at-the-market program to fund its expansion. Additionally, the company’s move to increase authorized shares and a history of shareholder dilution remain front of mind for investors, according to TS2 Tech (Soluna Holdings Soars on Bitcoin Mining Deals, $100M Lifeline, and Nasdaq Comeback).

The technical indicators for Soluna’s stock, as seen in KULR Technology’s 15-minute chart, suggest a potential downturn. The Bollinger Bands are experiencing a narrowing trend, and the KDJ indicator has triggered a death cross at 10/17/2025 16:00, indicating a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside. This suggests that the stock price has the potential to further decrease .

In conclusion, Soluna Holdings is navigating a mix of financial challenges and strategic opportunities. The recent developments, including the US$100 million credit facility and new partnerships, could position the company for accelerated expansion. However, investors should closely monitor the company’s execution and profitability, as well as the potential dilution risk from new share issuance. The technical indicators also suggest a potential downturn in the stock price, which investors should consider in their investment decisions.