$BEL /USDT Technical Analysis Bull Run CONFIRMED ✅
Current Price: $0.7988
24h Change: +8.87%
24h High: $0.8027
24h Low: $0.7101
Key Levels to Watch:
Resistance: $0.8027 – A breakout above this level could propel $BEL toward $0.8200 and $0.8500.
Support: $0.7700 – If the price dips, this level could provide stability. A break below may lead to $0.7400.
Trade Setup:
Long Entry: Above $0.8050, targeting $0.8200 and $0.8500.
Short Entry: Below $0.7700, targeting $0.7400 and $0.7100.
Stop Loss: $0.7750 for long positions, $0.8050 for short positions.
Technical Indicators:
RSI: 86.21 – Overbought zone, signaling potential consolidation or a pullback.
MACD: Strong bullish momentum with increasing histogram bars.
Market Insight:
BEL has shown significant upward momentum, breaking key resistance zones and approaching overbought conditions. Watch for volume confirmation to sustain the bullish breakout or signs of profit-taking that could trigger a pullback.
Stay alert for the $0.8027 breakout and manage trades carefully.
