$BEL /USDT BEARISH REVERSAL ALERT – SELL PRESSURE BUILDING BELOW $0.20!
After facing heavy rejection from the $0.30 resistance, is showing clear signs of exhaustion. The price has dropped back toward $0.1988, indicating that buyers are losing momentum. The large wick near the recent high and declining volume suggest a possible short-term correction as sellers take control. If price slips below $0.18, deeper downside could follow quickly.
Trade Setup:
Entry (Short): $0.195 – $0.205
Targets (TP): $0.17 / $0.15 / $0.13
Stop Loss (SL): $0.225
Market Outlook:
Market sentiment is turning bearish as the token fails to sustain above key resistance. A close below $0.18 would confirm weakness and may trigger another wave of selling. Caution is advised for long positions.