$BEL
USDT BEARISH MOMENTUM – SELLERS PUSHING TO NEW LOWS
$BELUSDT has shown a clear bearish structure on the 1H chart with consistent lower highs and a sharp drop to 0.2350. With selling pressure dominating below resistance, further downside continuation is expected if buyers fail to reclaim key levels.
🔑 Key Levels:
Support: 0.2306
Resistance: 0.2500
Current Price: 0.2350
🎯 Trade Setup (Short):
Entry Zone: 0.2340 – 0.2360
Take Profits:
TP1: 0.2300
TP2: 0.2250
TP3: 0.2200
Stop Loss: 0.2430
📊 Market Outlook: BEL remains under strong bearish momentum, with no reversal signals yet. RSI may reach oversold levels soon, but structure continues to favor sellers unless a strong reclaim above 0.2500 occurs to flip the short-term trend.
⚠️ Risk Management: Maintain strict stop-loss discipline. Avoid over-leveraging in a volatile downtrend and risk only 1-2% of total capital per trade to protect your account from unpredictable reversals.
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