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$BEL Breaking Out Above MA99 🚀
Price has finally reclaimed the MA99 and momentum is starting to build again.
📍 Immediate Support: 0.131 - 0.133 (MA99 zone)
📍 Major Support: 0.109 - 0.113 (MA200 & previous breakout zone)
As long as price holds above the MA99 breakout, bulls remain in control.
Resistance: 0.145 - 0.147
A clean break above this zone could trigger another leg higher towards 0.160 - 0.180 - 0.200
However, after a 39% move, don't be surprised if price cools off or retests the breakout area before continuation.
⚠️ If price loses the 0.131 zone and fails to reclaim it, a deeper pullback towards 0.113 becomes possible.
Bias remains bullish while price holds above MA99. The structure is shifting from recovery to breakout mode.