$BEL /USDT BULLISH BREAKOUT SIGNALS STRONG LONG OPPORTUNITY
$BEL /USDT is showing a clear bullish momentum, with a 27.48% price surge backed by high trading volume (51.19M BEL) and a sharp bounce from the 24h low of 0.2052 to a high of 0.2931. The recent retracement to support near 0.2519 suggests healthy consolidation before the next leg up.
Technical Indicators:
MACD: Bullish crossover with increasing histogram strength.
EMA (Exponential Moving Averages): Price trading above key EMAs, confirming uptrend.
BOLL (Bollinger Bands): Price expanding toward upper band, indicating high volatility and potential continuation.
SAR (Parabolic SAR): Dots positioned below price – bullish trend confirmation.
Volume: Surge in volume supports strength behind move.
LONG ENTRY: On break and close above 0.2816 resistance
TARGETS:
→ TP1: 0.2965
→ TP2: 0.3150
→ TP3: 0.3375
STOP LOSS: Below 0.2510 support zone
RISK MANAGEMENT:
Use max 2% of total capital. Adjust position size to maintain risk-reward ratio above 1:2. Always set SL and stick to your plan.
#TechnicalAnalysis #CryptoTrading #BELUSDT #BullishSetup #DeFiGainers