Here’s a clear breakdown of your $BEL /USDT bearish setup:

Setup: Bearish Reversal – Double Top Rejection

Current Price: 0.1270

Pattern: Double-top near key resistance → strong rejection indicates sellers stepping in.

Trade Plan:

Entry Zone: 0.1280 – 0.1300 (ideally enter as price approaches the upper boundary)

Target 1: 0.1230 (first support zone)

Target 2: 0.1150 (stronger support, second potential profit-taking area)

Stop Loss: 0.1345 (above recent highs to protect against a breakout)

Analysis Notes:

The double-top is a classic reversal signal, especially near a strong resistance.

Watch for confirmation: a bearish candle closing below the neckline of the double-top can increase the probability of the move.

Risk-to-reward ratio looks favorable if both targets are considered.