🔥 $BEL /USDT Market Update 🔥
📈 Current Price: $0.8996 (+5.96%)
🔹 24H High: $0.9280 | 24H Low: $0.8334
🔹 Volume: 2.81M BEL | 2.51M USDT
📊 Technical Insights:
✅ Bollinger Bands: Price hovering near upper band, signaling potential volatility.
✅ Momentum: Strong upward movement with key resistance at $0.9191.
💰 Money Flow Analysis:
📉 Net Outflow: -343,247 BEL in last 24 hours → Caution on selling pressure.
🔺 Large Buy Orders: 479,711 BEL vs. 529,998 BEL Sell Orders → Bearish pressure.
⚡ Margin Data:
🔺 Growth of Margin Debt: Showing spikes, indicating leveraged trading activity.
📉 Long-Short Ratio: Dropped significantly but stabilizing.
🎯 Trade Setup:
Entry: $0.8850 - $0.8950
Targets: $0.9200 | $0.9400 | $0.9750
Stop Loss: $0.8650
📢 Trend Outlook: Bullish in the short term but watch for profit-taking. Manage risk accordingly!
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