$BEL
MARKET UPDATE
BEL is pushing higher with price trading near 0.1264 after a strong bullish impulse. Structure remains firmly bullish with higher highs and higher lows, while price holds above all key moving averages, confirming trend strength. Buyers are in control as consolidation forms under recent highs.
Key Levels: Support: 0.1250–0.1239 demand zone aligned with MA25 and MA99
Resistance: 0.1272 recent high and immediate breakout level
Indicators: Price above MA(7), MA(25), and MA(99)
Healthy volume supporting continuation
Trend intact on intraday timeframes
Outlook: A decisive break above 0.1272 can trigger the next leg toward higher liquidity zones. Holding above support keeps momentum bullish, while loss of the MA cluster would signal a short-term cooldown.
BEL is compressing under resistance and preparing for its next move.
