$BEL /USDT
๐ BEL/USDT Trade Setup (Intraday to Short-Term Swing)
Current Price: $0.2469
24h High: $0.2610
24h Low: $0.2065
24h Volume:
BEL: 36.14M
USDT: $8.55M
Change: +12.69% โ Strong bullish breakout candidate
๐งญ Bias: Bullish Continuation or Retest Entry
BEL has pumped over 12% today and is hovering just under resistance, making this ideal for two types of trades:
โ 1. Retest Entry (Safer Entry After Breakout):
Entry Zone: $0.2390 โ $0.2450 (small pullback zone)
Look for:
Bullish wick or pin bar on 15m/1h
RSI staying >50 with bounce
MACD still bullish
Stop Loss: $0.2290 (below support & below 38.2% fib from today's rally)
Targets:
TP1: $0.2610 (24h high / local resistance)
TP2: $0.2680 (minor fib extension)
TP3: $0.2800 (psychological + next breakout target)
๐ 2. Breakout Trade:
Buy Stop: $0.2615 (above 24h high)
Stop Loss: $0.2500 (just below breakout structure)
Target: $0.2750 โ $0.2850 (momentum-based extension)
๐ Indicators to Watch:
RSI: Stay above 60โ70 on 1H = strong trend
MACD: Bullish momentum โ ideally with histogram expanding
Volume: Sustained > recent average confirms strength
๐ Risk/Reward Estimates:
Retest trade: 1:2.5 to 1:3
Breakout trade: 1:2+ if price pushes above $0.275
โ ๏ธ Risk Management:
Don't chase the green candle unless volume surges
Reduce size slightly if entering into strength
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