$BEL
USDT EXPLOSIVE BULLISH REVERSAL – STRONG BUY SIGNAL 🚀
$BELUSDT has just shown a powerful bullish engulfing candle on the 1H timeframe, indicating a sharp reversal from its recent downtrend. Buyers stepped in aggressively from the lows, signalling potential for further upward momentum.
🔑 Key Levels:
Support: $0.2100 – $0.2150 (strong buying zone)
Resistance: $0.2400 and $0.2470 (immediate profit-taking levels)
Current Price: $0.2329
📈 Trade Setup (Long Entry):
Entry Zone: $0.2300 – $0.2350
Take Profits:
TP1: $0.2400
TP2: $0.2470
TP3: $0.2550
Stop Loss: $0.2150 (below recent support wick)
🌐 Short Market Outlook: BEL is showing fresh bullish momentum with strong volume on this reversal candle. Break above $0.2400 will open doors for a rally towards $0.2550+. Overall market trend on lower timeframe has flipped bullish with potential continuation if BTC remains stable.
⚠️ Risk Management: Always risk only 1-2% per trade and adjust position size as per your account capital. Wait for a candle close confirmation above entry zone before entering.
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buy and trade here on $BEL