After a sharp rally toward $0.27, $BEL is now showing loss of momentum with lower highs forming on the 30m chart. The candles are tightening under resistance — a sign of buyer exhaustion and possible pullback phase 🧊
Currently trading near $0.26, and price is testing minor structure support. If it breaks below, a short-term downtrend could accelerate quickly.
📉 Short Trade Plan:
Entry: $0.259 – $0.262
Stop-Loss: $0.274
Leverage: 10x–15x
Trend: Bearish correction expected
🎯 Take-Profit Targets:
TP1: $0.250
TP2: $0.243
TP3: $0.235
🧭 View:
After the explosive move up, BEL looks ready for a cool-off phase as sellers begin defending the upper zone. If volume increases on a breakdown below $0.25, expect a fast flush to $0.23 and below 📉💥
Do your own research and Take your own Risk.
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