$BEL /USDT – Short Trade Setup for Spot and Futures
Current Price: $0.2533
Daily Gain: +1.69%
24h High: $0.2573
24h Low: $0.2461
Volume (BEL): 7.17 Million
Volume (USDT): $1.80 Million
Why a Short Trade May Work:
BEL has moved up slightly but is now close to resistance at $0.2573. The price is losing strength and struggling to break higher. If it fails to hold above this zone, a downward move is likely.
Key Price Zones:
Resistance: $0.2573 and $0.2581
Support: $0.2478 and $0.2444
Short Trade Plan:
Sell Entry Zone: $0.2530 – $0.2570
Stop Loss: Above $0.2590
Target 1: $0.2480
Target 2: $0.2440
Target 3: $0.2410
Summary:
BEL is showing weak momentum near resistance and could pull back soon. This setup is suitable for short-term traders in both spot and futures. Always protect your trade with a proper stop loss.