$BEL IS SHOWING SIGNS OF EXHAUSTION AT KEY RESISTANCE 📉
Entry: 0.1680 - 0.1685 🔥
Target: 0.1640, 0.1600 🚀
Stop Loss: 0.1720 ⚠️
Price action on $BEL is starting to look heavy after failing to clear overhead resistance. We are seeing a series of lower highs forming on the lower timeframes, which tells me the sellers are beginning to dictate the flow.
If we break and hold below the 0.1684 level, I expect the momentum to accelerate toward our downside targets. Liquidity is thin, so I am keeping my stop tight to protect the capital. Do you see this retesting the lows or finding support here?
Not financial advice. Always manage your risk.
#BEL #ShortSetup #CryptoTrading #TechnicalAnalysis
🎯
Entry: 0.1680 - 0.1685 🔥
Target: 0.1640, 0.1600 🚀
Stop Loss: 0.1720 ⚠️
Price action on $BEL is starting to look heavy after failing to clear overhead resistance. We are seeing a series of lower highs forming on the lower timeframes, which tells me the sellers are beginning to dictate the flow.
If we break and hold below the 0.1684 level, I expect the momentum to accelerate toward our downside targets. Liquidity is thin, so I am keeping my stop tight to protect the capital. Do you see this retesting the lows or finding support here?
Not financial advice. Always manage your risk.
#BEL #ShortSetup #CryptoTrading #TechnicalAnalysis
🎯