$BEL /USDT
š BEL/USDT Trade Setup (Intraday to Short-Term Swing)
Current Price: $0.2469
24h High: $0.2610
24h Low: $0.2065
24h Volume:
BEL: 36.14M
USDT: $8.55M
Change: +12.69% ā Strong bullish breakout candidate
š§ Bias: Bullish Continuation or Retest Entry
BEL has pumped over 12% today and is hovering just under resistance, making this ideal for two types of trades:
ā 1. Retest Entry (Safer Entry After Breakout):
Entry Zone: $0.2390 ā $0.2450 (small pullback zone)
Look for:
Bullish wick or pin bar on 15m/1h
RSI staying >50 with bounce
MACD still bullish
Stop Loss: $0.2290 (below support & below 38.2% fib from today's rally)
Targets:
TP1: $0.2610 (24h high / local resistance)
TP2: $0.2680 (minor fib extension)
TP3: $0.2800 (psychological + next breakout target)
š 2. Breakout Trade:
Buy Stop: $0.2615 (above 24h high)
Stop Loss: $0.2500 (just below breakout structure)
Target: $0.2750 ā $0.2850 (momentum-based extension)
š Indicators to Watch:
RSI: Stay above 60ā70 on 1H = strong trend
MACD: Bullish momentum ā ideally with histogram expanding
Volume: Sustained > recent average confirms strength
š Risk/Reward Estimates:
Retest trade: 1:2.5 to 1:3
Breakout trade: 1:2+ if price pushes above $0.275
ā ļø Risk Management:
Don't chase the green candle unless volume surges
Reduce size slightly if entering into strength
#OneBigBeautifulBill #TrumpVsMusk #REX-OSPREYSolanaETF #Write2Earn! #bel