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【$BEL Signal】Long: 1H breakout acceleration, negative funding rate + volume support
$BEL RSI 1H 70.47, 4H 73.53, still some room before overbought zone. MACD double-cycle shows bullish divergence, 4H Bollinger upper band at 0.1994 has been broken through by the price, current heavy trading zone is between 0.200-0.205. Buy depth is 0.65, sell orders are relatively heavy, but the negative funding rate of -0.0104% reflects high short position costs, the price refuses to pull back, and there are clear signs of capital resistance.
🎯Direction: Long
⚡Entry/Order: 0.2004469 - 0.2010500 (Place order directly in the current price zone)
🛑Stop loss: 0.1909975
🚀Target 1: 0.2161287
🚀Target 2: 0.2236681
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect principal.
1H volume expansion forms a long bullish candle, then consolidates in a narrow range at high levels, selling pressure has not formed effective resistance. 4H OBV hits new highs simultaneously, capital is still flowing in. However, buy order depth is relatively thin, and after rapid rise, there is a risk of a pullback, but the risk-reward ratio of 1.5 is still acceptable.
Check real-time market 👇 $BEL
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