$BEL is starting to wake up, and the recent move is getting attention for a reason.

Price is currently sitting around 0.1060 after a strong intraday push of more than 14%. The market showed clear momentum earlier, but after touching the local high near 0.1233, sellers stepped in and forced a pullback. Since then, price action has been moving in a controlled downward structure with small relief bounces.

What stands out right now is the reaction around the 0.1035–0.1050 zone. Buyers defended this area once, and the latest candles show price trying to stabilize above it. That tells me demand is quietly building, even though the trend on this lower timeframe is still cautious.

On the upside, the first level bulls need to reclaim is the 0.1110–0.1150 region. A clean push and hold above that zone could reopen the path toward the previous high near 0.1230. If momentum returns with volume, BEL can move quickly because it has already shown it can expand fast.

On the downside, losing the 0.1035 support would weaken the short-term structure and could invite another liquidity sweep lower.

In simple terms: $BEL is in a recovery attempt after a sharp move and pullback. The next few candles around support will decide whether this turns into continuation… or just another lower high.

Stay alert this is the kind of structure that can shift fast.