Technical Analysis: $BEL
/USDT馃殌馃敟馃挴
Current Price: $0.5826 (+1.36% in the last 24h)
24h Range: $0.5607 (Low) - $0.5954 (High)
Support & Resistance Levels
Support Levels:
1st Support: $0.5600
2nd Support: $0.5500
3rd Support: $0.5400
Resistance Levels:
1st Resistance: $0.5900
2nd Resistance: $0.6000
3rd Resistance: $0.6200
Technical Indicators
RSI: Currently at around 60 - indicating a neutral to slight bullish momentum.
MACD: Bullish crossover detected, suggesting upward momentum in the short-term.
Moving Averages: The price is currently above the 50-period moving average, showing an upward trend.
Trade Signal
Buy Signal: If the price breaks above $0.5900, targets for the next resistance zones would be $0.6000 and $0.6200.
Sell Signal: If the price drops below $0.5600, look for the next support levels at $0.5500 and $0.5400.
Trade Momentum
Bullish Trend: Likely continuation if the price stays above $0.5900 with further resistance testing at $0.6000 to $0.6200.
Bearish Trend: Watch for a break below $0.5600 which could lead to a decline towards $0.5500 and $0.5400.
Target Levels 馃幆
Target 1: $0.5900
Target 2: $0.6000
Target 3: $0.6200
Be mindful of market volatility and manage risk with proper stop losses.