$BEL Showing Healthy Retest Before the Next Move
After an explosive rally from the $0.08 region to a high near $0.185, BEL finally faced profit-taking and pulled back from resistance.
This retracement looks more like a healthy retest than a trend reversal. Buyers stepped back in around the $0.16 support area and price is already showing signs of recovery.
The key resistance remains around the $0.20 level, where sellers are likely to become active again. However, the current bounce suggests that bullish momentum is still present and market participants are defending higher price levels.
For now, the market appears to be cooling down after a strong rally, but buyers are once again showing strength and keeping the trend alive.
BELUSDT
دائم
0.13713
-3.04%