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#BEL $BEL 15m surged again, now at $0.11048, +6.37% in 24h.
This token is clearly diverging now. The 15m chart rose again, and more people are chasing.
The only concern is that large holders are 64% long, with a long-biased position. Funding rate -0.396%, shorts are still paying. For a pullback, we need to see if the downside can hold.
In the chart, one looks at structure, the other looks at the candlesticks. Don't just focus on a single candle's move.
If $0.10772 holds, the structure still has a basis for continuation; once $0.11379 is broken, the space will open up.