### **BEL/USDT Spot Trading Signal**
#### **1. Trend Confirmation (EMA & Price Action)**
- **Price Action:** Lower highs/lows, current price at **$0.3269** (-6.33%).
- **EMA Status:** *Not visible in screenshot*, but RSI(6) = **25.56** (oversold), suggesting strong downtrend.
- **Verdict:** **Downtrend** (Potential short or wait for reversal confirmation).
#### **2. Support & Resistance (Key Levels)**
- **Resistance:**
- **$0.3361** (Recent swing high)
- **$0.3427** (Stronger resistance zone)
- **Support:**
- **$0.3244** (24h low)
- **$0.3229** (Critical support – break could accelerate downside).
#### **3. Volume & Confirmation**
- **24h Volume:** Low ($1.75M USDT), **MA(5) > MA(10)** but declining.
- **RSI(6) Oversold:** Potential for short-term bounce, but trend remains weak.
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### **Trading Plan**
#### **Scenario 1: Short (Downtrend Continuation)**
✅ **Entry Zone:** **$0.3300-$0.3361** *(Retest of resistance)*
🎯 **TP:** $0.3244 (TP1), $0.3229 (TP2), $0.3200 (TP3)
❌ **SL:** $0.3427 *(Above resistance)*
#### **Scenario 2: Long (Reversal Setup – High Risk)**
⚠️ **Only if RSI(6) bounces >30 + volume surge:**
✅ **Entry Zone:** **$0.3229-$0.3244** *(Support retest)*
🎯 **TP:** $0.3361 (TP1), $0.3427 (TP2)
❌ **SL:** $0.3200 *(Below support)*
#### **If No Setup:**
⚠️ **Wait** – Weak volume, no clear reversal signal. Monitor RSI and $0.3229 support.
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### **Risk Management**
- **Leverage:** Avoid (Spot only).
- **Position Size:** ≤5% of capital per trade.
- **Confirmation:** Wait for 1h/4h candle close above/below key levels.
*Not financial advice. DYOR. Follow for updates! 🚀*