$BEL /USDT BULLISH RECOVERY IN ACTION
BEL has shown a strong recovery on the 15-minute chart after rebounding from the 0.1928 support zone. The price has now reclaimed the 0.2170 area, confirming renewed buying interest and upward momentum. With a +39.68% daily gain, bulls are clearly taking control after a brief consolidation phase.
If BEL sustains above 0.2150, it could trigger another leg higher toward the next resistance levels. The market structure now favors buyers as higher lows continue to form.
Key Levels:
Entry Zone: 0.2140 – 0.2170
Take Profit (TP):
TP1: 0.2250
TP2: 0.2330
TP3: 0.2450
Stop Loss (SL): 0.2050
Market Insight:
Rising volume and strong candle formations suggest bullish continuation. However, traders should watch for short-term rejections near resistance to secure partial profits.