🚨 $BEL /USDT ALERT: Decision Point Approaching – Major Move Imminent! 🚨
The 15-minute chart for $BEL is signaling a -11.63% decline, with the price consolidating around 0.6550 after hitting a 24-hour low of 0.5898 and a high of 0.8089. Buyers are attempting to regain control, setting the stage for either a recovery or further downside.
💡 Key Levels to Watch:
Entry Price: 0.6550
Resistance Levels:
1. 0.6591 – Immediate resistance; a breakout here is essential for bullish continuation.
2. 0.6900 – Strong resistance from recent trading ranges.
3. 0.7500 – Major resistance target on a bullish rally.
Support Levels:
1. 0.6300 – Key support level to prevent further downside.
2. 0.6000 – Critical psychological support.
⚡ Take-Profit Targets:
1. 0.6900
2. 0.7500
3. 0.8000
🛑 Stop Loss: Set at 0.6100 to limit downside risks.
⚠️ Cautionary Note: Volume shows declining momentum. A failure to reclaim 0.6591 may trigger a retest of lower support zones. Monitor closely for breakout confirmation or signs of weakness.
