$BEL Signal | The long rebound hits resistance — a game under negative funding rate


$BEL The funding rate is -0.1676% but it still can’t break 0.138. Buying pressure is weakening. The 1H MACD histogram is flattening to zero. The current price at 0.13118 is between the Bollinger mid band and the upper band.

🎯 Direction: long

⚡ Entry / Place an order: 0.1307865 - 0.1311800

🛑 Stop loss: 0.1246210

🚀 Target 1: 0.1410185

🚀 Target 2: 0.1459377

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

4H Bollinger upper band resistance is clearly evident. The sell order depth ratio is slightly higher. The short-term bias is bearish range-bound movement. However, with negative funding rate, shorts need to be cautious. Tighten the stop loss to 4.8%.

View real-time quotes 👇 $BEL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#GT二季度销毁257万枚 #预测世界杯葡萄牙VS西班牙 #Vitalik公布精简以太坊路线图
BEL19.95%
GT1.48%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned