Here’s a technical snapshot and trading analysis for $BEL /USDT

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📊 BEL/USDT Market Overview

Metric Value

Current Price $0.2077 🔻 -0.34%

24h High $0.2124

24h Low $0.2045

24h Volume (BEL) 2.24M

24h Volume (USDT) $465,066.90

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🔍 Key Technical Levels

Level Price Significance

Resistance 1 $0.2124 Recent high — potential breakout level

Resistance 2 $0.2196 Sell wall area from order depth

Support 1 $0.2045 Daily low — near-term support

Support 2 $0.2035 Depth support — next demand zone

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📈 Volume & Moving Averages

Indicator Value Interpretation

Spot Vol 36,365.3 Low-moderate — possible range-bound behavior

MA(5) 49,049.1 Price trading below short-term average

MA(10) 71,205.2 Continues bearish divergence from longer MA

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⚙️ Trade Strategy Outlook

🟢 Bullish Setup

Entry Zone: $0.205–$0.208

Breakout Trigger: Strong move above $0.2124 with volume

Target: $0.219 – $0.225

Stop-Loss: $0.202

> Bullish confirmation only valid on close above $0.212 with volume above 60K.

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🔻 Bearish Setup

Rejection Zone: $0.212–$0.215

Breakdown Trigger: Sustained move below $0.2035

Target: $0.197 – $0.190

Stop-Loss: $0.210

> If momentum fails to recover and support at $0.2045 breaks, expect further downside.

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📌 Summary

Factor Status

Trend Sideways / Weak Bearish

Momentum Bearish Divergence

Volume Low

Bias 🔻 Cautiously Bearish

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