🔴Short Recommendation for #bel Coin
Current BEL price: $0.811278, up 6.45% from previous close.
Technical levels:
Support: $0.745545.
Resistance: $0.846612.
Trading Strategy:
Entry (Short): Entry when the support level of $0.079570 is broken with confirmation of the close below it.
Stop Loss: Place it above the resistance level at $0.810000.
Profit Targets:
First Target: $0.77.
Second Target: $0.75.
Notes:
Monitor the price action at the mentioned support and resistance levels.
Use Stop Loss and Take Profit orders to ensure effective risk management.
Good luck
$BEL