$BEL /USDT SHORT Setup (Overextension Rejection)

Trade Plan

Entry: $0.129 – $0.133

Stop Loss: $0.138

Take Profits

TP1: $0.120

TP2: $0.110

TP3: $0.098

trade here $BEL

BEL
BELUSDT
0.0999
-0.29%

Why this setup

Strong pump +36% → overextended move

Rejection near $0.130+ → key resistance zone

Momentum slowing + احتمال distribution at top

Likely correction toward previous support levels

Alternative (Bullish Scenario)

If price breaks and holds above $0.138, bullish continuation possible → avoid shorts

Strategy Tip

Wait for retest of resistance with weak volume before entering

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