Bel is resisting the dive, are we going to see more green or more red?

Personally been looking at the chart for a couple of hours and seeing huge selling pressure followed by small buys, I would absolutely not make a long entry here. I ve seen similar situations where whales empty their wallets slowly and allow new investors to join so they can use them as exit liquidity.

PS: If you're shorting. choose your entries carefully too, price might fluctuate some more.

(Just my opinion, Not financial advice)