$BEL ๐ ๐ BULLISH MOMENTUM ๐ ๐
๐ Technical Analysis
Trend: Recovering from recent lows โ attempting trend reversal
Support Levels:
๐ก๏ธ $0.312 โ Strong base from past price structure
๐ก๏ธ $0.290 โ Critical support zone (multi-month low)
Resistance Levels:
๐ง $0.350 โ Local resistance
๐ง $0.385 โ Breakout confirmation zone
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๐งญ Trading Strategy
โก Short-Term Scalping Strategy
๐ฅ Entry Zone: $0.320 โ $0.332
๐ฏ TP1: $0.350
๐ฏ TP2: $0.370
๐ SL: $0.308
โ๏ธ Logic: Capture bounce from support and test of resistance amid low volatility
โณ Medium-Term Swing Strategy
๐ฅ Entry: Above $0.350 with strong volume confirmation
๐ฏ TP1: $0.385
๐ฏ TP2: $0.410
๐ SL: $0.315
๐ Strategy: Ride breakout above compression zone with volume-backed move
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