$BEL Gaining Momentum – Is a Breakout on the Horizon?

$BEL is showing strong bullish momentum, currently trading at 0.9247, reflecting a 14.40% surge in the past 24 hours. With trading volume reaching 7.80 million BEL, the price has climbed from a low of 0.8058 and is now approaching a critical resistance at 0.9534. If buyers can push above 0.95 and sustain it, the next upside targets lie at 0.98 and 1.00, potentially reinforcing further bullish strength.

Key Levels to Watch:

- Resistance: The crucial barrier at 0.9534 must be breached for an extended rally. A breakout here could drive BEL toward 0.98 and 1.00 in the near term.

- Support: If the price fails to hold above 0.91, a potential pullback to 0.88 could occur before another attempt to push higher.

Market Outlook – DeFi Strength Boosting BEL

As DeFi tokens continue gaining traction, BEL appears well-positioned for a potential breakout. The market's buying pressure and sentiment will be key factors in determining the next move. Keep a close watch on 0.95—if volume surges and buyers remain in control, a strong rally could be imminent.