$BEL 𝐅𝐨𝐥𝐥𝐨𝐰 𝐓𝐡𝐞 𝐀𝐜𝐜𝐨𝐮𝐧𝐭 𝐅𝐨𝐫 𝐏𝐫𝐨𝐟𝐞𝐜𝐭 𝐒𝐢𝐠𝐧𝐚𝐥𝐬 🚀🚦

/USDT Quick Analysis💸🚦

- *Current Price*: 0.9186

- *Price Movement*: The price has recently increased by *+10.160.9186* mark, slightly retracing from a high of *0.9450*.

*Support*:

- *0.9018* (MA(7)) - A short-term support level indicated by the 7-period moving average.

- *0.8777* (24h Low) - A key support from the previous low.

*Resistance*:

- *0.9450* (24h High) - The recent high, which is acting as resistance.

- *0.9251* - A potential resistance level slightly below the high.

*Market Insight*:

- *24h Vol (BEL)*: 8.55M, showing healthy trading volume.

- *24h Vol (USDT)*: 7.72M, indicating sufficient liquidity for USDT.

*Entry Zone*:

- *Long Entry*: Look for an entry near the *0.9018* (MA(7)) support if the price holds above this level and shows signs of consolidation.

- *Short Entry*: Consider shorting if the price struggles at the *0.9251* resistance or *0.9450*.

*Confirmation*:

- *Long Confirmation*: Enter long if the price consolidates above *0.9018* and confirms a bullish trend, or breaks above *0.9251*.

- *Short Confirmation*: Short if the price shows rejection at *0.9450* or falls below *0.9018*.

*Take Profit (TP)*:

- *TP1*: *0.9251* (near resistance zone).

- *TP2*: *0.9450* (24h High).

- *TP3*: *$0.9500* (possible extension if momentum continues).- *Below0.8777* (24h Low) for tighter risk management or *0.9018* if price breaks below the moving average.

*Bearish Setup*:

- *Short* if the price fails to break above *0.9450* and starts to reject.

*Maximum Profit/Loss*:

- *Max Profit*: *3-5%* upside if price breaks resistance at *0.9450*.

- *Max Loss*: Limited to *2-30.8777*.

*Pro Tip*:

- Watch for *bullish engulfing candles* near the *0.9018* support or at *0.9186* level for confirmation of a potential bounce.

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