๐ BEL/USDT Market Analysis
๐ฐ Current Price: $1.0777 (+7.77%) ๐
๐ 24H High: $1.0870
๐ 24H Low: $0.9916
๐ 24H Volume: 4.91M BEL traded
Technical Indicators:
Moving Averages (MA):
๐ก 7-period MA: 1.0642 (Price is above short-term MA, showing strength)
๐ฃ 25-period MA: 1.0479 (Bullish support)
โซ 99-period MA: 1.0220 (Long-term uptrend support)
MACD Indicator:
๐ข DIF: 0.0089 (Bullish momentum)
๐ข DEA: 0.0078
๐ข MACD: 0.0011 (Positive crossover, bullish signal)
Trend Analysis:
โ Short-term bullish โ price is above key moving averages
๐ MACD shows strength โ positive crossover signals potential upside
๐ Long-term trend is strong with a 47.07% increase over 1 year
What to Watch Next:
If price holds above $1.0642 = ๐ Further upside potential
Key resistance at $1.0870 โ breakout could push price higher
Support at $1.0479 โ holding this level keeps bullish momentum
๐ Final Verdict:
Short-term: Bullish โ
Long-term: Strong uptrend ๐