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$BEL going vertical with explosive bullish momentum on the 4H frame, surging up over 48% on the day. Price action kicked off a massive expansion leg from the lower structural support zones, driving hard to tap a local resistance peak at 0.22800.
We are seeing a slight consolidation pause right below that local high, but the intense upward momentum remains firmly intact. The immediate trend is heavily backstopped by the fast-moving MA5 at 0.19505 and the MA10 at 0.17432. High breakout risk right here; if buyers form a tight continuation flag and absorb the profit-takers, a clean breach of 0.22800 opens the door for a massive continuation higher.
• Entry Zone: 0.20500 - 0.22000
• TP1: 0.24200
• TP2: 0.26500
• TP3: 0.29000
• Stop-Loss: 0.18500
#MyGateTradeStory #TradFiCFDGoldMasters