$BEL /USDT Short Trade Setup 🔥
Current Price: $0.8381
Entry Zone: $0.83 – $0.85
Resistance: $0.86 – $0.87
Targets:
🎯 TP1: $0.80
🎯 TP2: $0.75
🎯 TP3: $0.70
Stop Loss: $0.88 (Above key resistance)
Market Context:
BEL is facing resistance around $0.86 – $0.87 and appears to be consolidating at these levels. A failure to break above could lead to a strong bearish move.
📉 Risk Management: Keep risk at 2-3% per trade, ensuring the stop-loss is set above resistance for better risk-to-reward.
💡 Pro Tip: Watch for a clear rejection pattern, like a shooting star or bearish engulfing candle, at the resistance zone. Volume spikes can help confirm the short opportunity. 🚀
$BEL
#BERAonBinance #USJoblessClaimsRise #BitcoinWhaleMove #AICrashOrComeback #USBitcoinReserves
Current Price: $0.8381
Entry Zone: $0.83 – $0.85
Resistance: $0.86 – $0.87
Targets:
🎯 TP1: $0.80
🎯 TP2: $0.75
🎯 TP3: $0.70
Stop Loss: $0.88 (Above key resistance)
Market Context:
BEL is facing resistance around $0.86 – $0.87 and appears to be consolidating at these levels. A failure to break above could lead to a strong bearish move.
📉 Risk Management: Keep risk at 2-3% per trade, ensuring the stop-loss is set above resistance for better risk-to-reward.
💡 Pro Tip: Watch for a clear rejection pattern, like a shooting star or bearish engulfing candle, at the resistance zone. Volume spikes can help confirm the short opportunity. 🚀
$BEL
#BERAonBinance #USJoblessClaimsRise #BitcoinWhaleMove #AICrashOrComeback #USBitcoinReserves
