BEL/USDT Market Analysis – Short Setup Activated
Bella Protocol (BEL) presents a short opportunity as the price enters the 0.70–0.69 resistance range. This zone is now acting as a key supply area where sellers are expected to take control.
Entry Zone:
Between 0.70 and 0.69
Target Profits:
TP1: 0.677 – Initial short-term pullback level
TP2: 0.645 – Key mid-range support
TP3: 0.53 – Major structural support and potential bottom
Stop-Loss:
0.7247 – Above recent highs to protect against invalidation
This trade setup favors a bearish continuation if price fails to reclaim the 0.70 level. The risk-to-reward ratio is favorable, especially if momentum builds below 0.645.$BEL
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