📉 $BEL /USDT – Losing Steam Below Key Averages

BEL is under noticeable selling pressure after rejecting the $0.2679 high. Price now trades at $0.2443 (-7.18%), barely holding above the daily low of $0.2435.

📊 Technical Snapshot: • MA(7): 0.2477

• MA(25): 0.2568

• MA(99): 0.2569

• Volume (24h): 2.44M BEL | $623K USDT

• Trend: Bearish short-term bias with lower highs and a breakdown below short MAs.

🚨 If $0.2435 breaks, we could see accelerated selling toward the $0.2380–$0.2300 demand zone.

📈 Trade Setup Idea (Short-Term Bearish): • Entry: Below $0.2430 confirmation

• TP1: $0.2380

• TP2: $0.2300

• SL: $0.2500 (above MA7 reclaim)

💬 Watch for volume spikes or bullish divergence before reversal confirmation.

$BEL