Traders….$BEL just printed a massive breakout move.
After bottoming around 0.0920, price exploded straight to 0.1229 with a strong expansion candle that’s a clear momentum spike, not slow grind buying. Supertrend flipped bullish around 0.099, confirming structure shift.
Now the key question: continuation or pullback?
Structure right now:
• Strong impulsive breakout
• High volatility expansion
• Price extended above short-term equilibrium
Key levels:
Support: 0.110–0.104
Major support: 0.099–0.100
Resistance: 0.1229
If BEL holds above 0.110 on pullbacks, continuation toward and beyond 0.123 is possible.
If it drops back under 0.104, this becomes a blow-off spike and deeper retrace toward 0.10 can follow.
Right now momentum favors bulls, but after a 25%+ move, expect volatility and sharp pullbacks before any clean continuation.
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