Trading Strategy for $BEL /USDT (6H Chart)
#possible_breakout_maybe_coming
Long Trade (Bullish Setup)
Entry Price: $0.90 - $0.92
Target Level: $1.10 - $1.20
Stop Loss: $0.85
Key Breakout Level: $0.977 (24h High)
Short Trade (Bearish Setup)
Entry Price: $0.88 - $0.89
Target Level: $0.82 - $0.80
Stop Loss: $0.98
Key Breakdown Level: $0.825 (24h Low)
Key Notes:
Bullish Confirmation: A breakout above $0.977 with strong volume can push the price higher.
Bearish Confirmation: If price drops below $0.825, expect further downside.
Watch Moving Averages: MA(7) at $0.8835 and MA(25) at $0.9136 for support/resistance zones.