$BEL / USDT ā Consolidating After a Push? š§
$BEL is currently trading at 0.4078, up +2.57% today. Looking at the 4-hour chart, we've seen a recent upward move, but it seems to be consolidating below the 24-hour high of 0.4201. What's the next move for BEL?
Potential Scenarios:
* Breakout: If $BEL can gather momentum and break above 0.4201 with strong volume, we might see a push towards higher targets.
* Consolidation/Pullback: If it fails to break this resistance, we could see it continue to trade within a range or potentially retrace towards the recent low of 0.3902.
Key Levels to Watch:
* Current Price: 0.4078
* Recent High (Potential Resistance): 0.4201
* Recent Low (Potential Support): 0.3902
Keep an eye on the volume and price action to see which direction BEL decides to take. Remember to conduct your own thorough analysis before making any trading decisions. Happy Saturday from Multan!
