$BTC BELUSDT – WEAK BOUNCE AT SUPPORT HINTING AT ANOTHER LEG DOWN
$BEL attempted a small rebound from the 0.1360 zone, but the structure remains clearly bearish, with each push upward getting rejected near 0.1380–0.1390. This shallow bounce after a strong downtrend shows that buyers are not stepping in with real conviction. Price is flattening just under resistance, forming a classic lower-high pattern that often leads to downside continuation if selling pressure persists.
Trade Setup (Short)
Entry Range: 0.1375 – 0.1390
Target 1: 0.1352
Target 2: 0.1330
Target 3: 0.1312
Stop Loss (SL): 0.1405
Market Outlook:
Trend remains weak, and unless the market reclaims 0.1400 with strong momentum, another bearish extension is the more probable scenario.
