๐โ ๏ธ $BEL /USDT BEARISH BREAKDOWN IN MOTION! โ ๏ธ๐
$BEL/USDT has dropped 5.20%, currently trading at $0.2205, after getting rejected near $0.2610. Price is now testing critical support, with increasing sell volume adding pressure.
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๐ Current Price: $0.2205
๐ Support Zone: $0.2160 โ $0.2100
๐ Resistance Zone: $0.2300 โ $0.2400
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๐ป Trade Setup โ SHORT Position:
๐ Entry: On breakdown below $0.2160
๐ฏ Target 1 (TP1): $0.2100
๐ฏ Target 2 (TP2): $0.2020
๐ก๏ธ Stop Loss (SL): $0.2300
๐ Risk-Reward Ratio: ~2.5:1 โ solid short opportunity in DeFi weakness
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โ ๏ธ Risk Management Tip:
๐ง Limit exposure to 1โ2% of total capital
โณ Be patient โ enter only after candle closes below support
๐ Stick to your SL โ no emotional trading!