$BEL still looks bearish to me.

The 4H chart is the main issue: price got rejected hard after the 0.156 spike, momentum rolled over, MACD turned negative, and BEL is no longer acting like a leader above key moving averages. The 15m chart is only showing weak sideways action under MA30, not a convincing reclaim. Bella has recent product/staking headlines, but weak participation behind prior upside makes this look more like fading hype than real strength.

Bias: Short

Entry: 0.1112–0.1126

SL: 0.1148

TP1: 0.1094

TP2: 0.1072

TP3: 0.1048

If bulls cannot reclaim 0.113–0.115 with force, I still treat this as sellable weakness, not a healthy reset.

#BEL #BellaProtocol #Futures #Trading #DeFi