$BEL /USDT Bounces Back: 16% Rally Signals Strong DeFi Momentum

$BEL is making waves on the 15-minute chart, up 16.42% and pushing past the $0.75 mark like it’s got something to prove. With a high of $0.8251 today and a solid bounce from the $0.7054 base, the DeFi token is flexing some real intraday strength.

Snapshot:

Current price: $0.7552

24h High: $0.8251

24h Low: $0.6401

24h Volume: 22.77M BEL

StochRSI: 79 (nearing overbought)

MASTOCHRSI: 70 (strong push)

What’s Happening on the Chart?

BEL formed a steady stair-step climb, hit resistance at $0.7649, pulled back briefly, and is now trying to reclaim that level. The short-term bullish structure is intact, but we’re right below the intraday ceiling.

Key Levels to Watch:

Support: $0.7417, then $0.7286

Resistance: $0.7649, then $0.8251 (daily top)

Sentiment Shift? Order book shows heavy selling pressure at 71.94% versus just 28.06% buy orders. That’s a bit of a red flag—profit-taking could be looming unless bulls break resistance clean.

Trade Thoughts:

Entry: Wait for a confirmed candle above $0.7650

TP1: $0.7900

TP2: $0.8200

SL: $0.7340

Looks like BEL’s trying to prove it still belongs in the DeFi spotlight. If momentum holds and volume doesn’t dry up, this might be one of those quick sprints worth jumping in on. Want a 1H view to confirm strength?