$BEL /USDT TECHNICAL ANALYSIS: STRONG RECOVERY NEAR RESISTANCE — BULLISH BREAKOUT SETUP FORMING
$BEL /USDT is trading at $0.2412, up +0.96%, showing continued recovery after rebounding from the 24h low of $0.2252. The pair is pressing against immediate resistance at the 24h high of $0.2419, indicating bullish momentum.
Volume supports the move, with 3.01M $BEL and over $708K USDT traded. Depth data shows increasing buy-side interest near $0.2399, while offers thin above $0.2419, signaling potential for an upside breakout.
Trade Setup:
Entry: On breakout above $0.2419
Target: $0.2500–$0.2560
Stop: $0.2350
BEL is gaining bullish traction. A 15m or 1h candle close above $0.2419 with strong volume could confirm the breakout, opening the door for a quick move toward the next resistance levels.
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