*๐จ BEL Breakout Brewing? Watch This Setup! ๐*
Current price: *0.2228* (-6.38โ
๐ *Chart Overview:*
BEL is showing signs of a potential *bullish breakout* after bouncing off the lower trendline of a falling wedge โ a classic reversal pattern. The price has rebounded from the *0.2065โ0.2200* support zone and is now eyeing key resistance.
- *Support Zone:*0.2200โ0.2300 โ
- *Resistance (R1):*0.2470โ0.2500 ๐
- *Breakout Trigger:* Hourly/4H candle close above *0.2470* with volume surge ๐
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๐ฏ *Trade Plan & Targets:*
- *Entry:* Above 0.2470
- *TP1:*0.2750 ๐ฏ
- *TP2:* 0.3100 ๐
- *TP3:*0.3400 (Full wedge measured move) ๐
- *Stop-loss:* Below 0.2180 to manage downside risk โ ๏ธ
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๐ฎ *Prediction:*
If bulls break above0.2470 with strength, BEL could rally toward *30%+ upside*, confirming a wedge breakout. But patience is key โ wait for confirmation and avoid FOMO. ๐โก๏ธ๐
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Trade wisely, manage risk, and donโt forget โ *DYOR* before entering! ๐ผ๐
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