$BEL

📊 Market Overview – BEL/USDT

Metric Value

Last Price $0.2218 ⬆️ (+5.57%)

Mark Price $0.2220

24h High / Low $0.2595 / $0.2063

24h Volume (BEL) 379.32 Million

24h Volume (USDT) $90.27 Million

Volume (Current) 989,220

MA(5) 6.15 Million

MA(10) 9.26 Million

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🧠 Technical Analysis

✅ Bullish Signs

+5.57% gain with volume indicates buying strength.

Price > MA(5) & MA(10) signals potential momentum shift upward.

Strong recovery from $0.2063 low, suggesting buyers defending key levels.

⚠️ Caution Zones

Price rejected from $0.2595 (24h high)—possible resistance.

Declining volume trend from MA(10) → MA(5) → current, may suggest waning follow-through.

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🔍 Key Price Levels

Zone Price Observation

Resistance 2 $0.2622 Deep order book resistance

Resistance 1 $0.2595 24h High – key rejection area

Current Price $0.2218 Just above breakout confirmation area

Support 1 $0.2153 Short-term support

Support 2 $0.2063 24h Low – critical downside floor

Support 3 $0.2036 Extension support – risk threshold

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📈 Trading Strategy Suggestions

🟩 Bullish Momentum Play

Entry Zone: $0.2200–$0.2230

Targets: $0.2388 → $0.2505 → $0.2595+

Stop-Loss: Below $0.2150

Confirmation: 15min candle close above $0.2250 with increasing volume

🟥 Short-Term Reversal Setup

Entry: $0.2590–$0.2620 (on rejection candle)

Take Profit: $0.2300 → $0.2150

Stop-Loss: $0.2660+

Use only if RSI or momentum indicators signal exhaustion

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📘 Quick Sentiment Summary

Factor Status

Trend Mild Bullish

Momentum Growing

Volume Strength Slightly Weakening

Volatility Medium-High

Resistance Risk Moderate

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