$BEL Long Trade Setup
Entry Zone: 0.1065 – 0.1105
Stop Loss (SL): 0.1035.
TP1: 0.1140
TP2: 0.1175
TP3: 0.1220
$BEL is consolidating tightly above key EMAs on the H1 timeframe, showing clear signs of strength after absorbing recent sell pressure. RSI hovering around the 50 level suggests momentum is resetting rather than turning bearish.
Volume structure also supports accumulation in this zone. If price holds above 0.1065, a breakout toward previous highs looks likely. Risk is clearly defined below 0.1035, while upside targets offer a solid R:R profile for continuation.