$BEL

The #BEL/USDT pair has breached its upward channel and the main support level at $0.46, turning the trend bearish. The pair is now testing a critical demand zone between $0.22 and $0.20. If this area fails, a further decline towards $0.17 and $0.16 is likely. However, a bullish reversal from here could drive the price towards $0.30, and possibly $0.38. The overall trend remains bearish unless the $0.30 level is regained with strong buying momentum.