$BEL /USDT BEARISH OUTLOOK – SHORT SETUP OPPORTUNITY!
Current Price: $0.6804
24h Change: -5.06%
Technical Overview:
$BEL is currently under bearish pressure, with a -5.06% drop today. The market has rejected higher levels, and we are likely to see further downside, especially with a strong resistance around $0.6945. The next support lies at $0.6566, and the trend appears to be heading lower.
Resistance Levels:
$0.6945 – Immediate resistance
$0.7000 – Strong resistance zone
Support Levels:
$0.6566 – Key support
$0.6500 – Breakdown level
$0.6200 – Major support
Trade Setup – SHORT POSITION
Entry Zone: $0.6800 – $0.6945
Stop Loss (SL): $0.7000
Take Profit (TP):
TP1: $0.6566
TP2: $0.6500
TP3: $0.6200
Risk Management:
Risk 1-2% of your capital per trade. Stick to SL and TP to manage risk efficiently and maintain discipline.
Bearish momentum prevails – let’s seize the downside!
#BEL #CryptoShort #BearishTrend #DeFiAnalysis #PowellRemarks #NextCryptoETFs? #CryptoTariffDrop #Write2Earn! $BEL