Here is your professional technical analysis post for BEL/USDT based on the provided chart:

๐Ÿ”ป $BEL USDT BEARISH DOWNTREND PRESSURE

BELUSDT is facing continued selling pressure on the 15m timeframe. After rejecting from the recent high at 0.2610, price broke below the mid Bollinger Band (0.2225) and is consolidating near the lower band (0.2173). Current price is 0.2219, slightly above the recent low of 0.2161, but recovery attempts remain weak.

๐Ÿ“Š Trade Setup (SHORT)

Entry Zone: 0.2225 โ€“ 0.2240

Targets:

๐ŸŽฏ TP1: 0.2180

๐ŸŽฏ TP2: 0.2150

๐ŸŽฏ TP3: 0.2100

Stop Loss: 0.2275

๐Ÿ”Ž Market Outlook

Trend remains bearish as long as price stays below the mid Bollinger Band. Weak bullish momentum and continuous lower highs indicate sellers are still in control.

โš ๏ธ Risk Management:

Use 1-2% risk per trade. Wait for confirmation candle on breakdown before entering.

๐Ÿ’ฌ Do you see further downside on BEL today? Drop your thoughts below ๐Ÿ‘‡

#BEL #CryptoTrading #BearishTrend #BinanceAnalysis #ShortTrade

buy and trade here on $BEL

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