【$BEL Signal】Long | 1H pullback to go long, 4H uptrend structure intact

$BEL 1H MACD histogram continues to converge, RSI drops from overbought area to 58, market selling pressure depth -37.8%, buying momentum weakens. Price pulls back to the 1H Bollinger Band middle line around 0.1621, intraday low of 0.1688 not yet broken. The 4H upward channel is complete, with the BOLL middle line at 0.1438 providing distant support. Currently, bulls and bears are fiercely contesting, but the 4H trend remains bullish. A pullback to the support zone is a reasonable entry point.

🎯Direction: Long

⚡Entry/Order: 0.1724411 - 0.1729600

🛑Stop loss: 0.1643120

🚀Target 1: 0.1859320

🚀Target 2: 0.1924180

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.

Depth logic: Although the 4H MACD shows a golden cross, momentum is shrinking, so watch whether it can volume-break through resistance at 0.1859. Open interest remains stable, and while the long-short position ratio data is insufficient, selling pressure is not out of control. A pin-like touch occurs near the intraday low of 0.1688, indicating continued buying interest below. The current risk-reward ratio is 1.5, indicating a moderate to slightly above average short-term trading opportunity.

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