Here’s a potential trade setup for $BEL /USDT based on the provided data:
Trade Plan
1. Entry Point:
$0.5563 (current price).
2. Stop Loss:
$0.5450 (just below the 24h low to minimize downside risk).
3. Take Profit Levels:
Target 1: $0.5800 (close to the 24h high).
Target 2: $0.6000 (a psychological resistance level).
Risk-Reward Ratio:
Aiming for 1:2 or better (risking ~$0.0113 to gain ~$0.0237 or more).
Note: Adjust based on market conditions and your risk tolerance. Always use proper risk management.