$BEL Alert: Strong Bullish Momentum Continues! ๐ฅ๐
On the 2h timeframe, $BEL currently at $0.6965, surging by a significant +8.66%! The 24h high is $0.6973, with a volume of 6.57M BEL and 4.28M USDT. The RSI is very high at 81.01, indicating overbought conditions but extremely strong momentum.
Key Observation:
โฌ๏ธโฌ๏ธ displaying very strong and sustained bullish momentum on the 2-hour chart, pushing towards and potentially breaking the 24h high.
Next Target:
๐ $0.6973 (testing the 24h high - immediate resistance)
๐ฏ $0.7000 (psychological resistance level)
$BEL Potential Bullish Targets (if high is broken):
โฌ๏ธ $0.7100 - $0.7200 (next potential resistance levels)
Important Support Levels (to watch for potential pullback due to overbought conditions):
๐ก๏ธ $0.6800 - $0.6900 (potential near-term support)
๐ก๏ธ $0.6600 (stronger support zone)
#bel is exhibiting powerful bullish momentum, breaking past previous levels. Watch closely for a break above the 24h high. However, the very high RSI suggests a significant risk of a sharp pullback. Monitor volume and price action carefully.