đź’Ž BEL has recently displayed significant market dynamics, evidenced by a bounce from the support area. There's potential for BEL to continue its upward movement, possibly testing the strong resistance area.
đź’Ž However, if BEL fails to sustain its upward momentum, there's a likelihood of it retracing back to test the support area for another potential bounce.
đź’Ž The downside risk emerges if BEL breaks below the support level, leading to a retest of the demand area around $0.68. Reclaiming the price above this support would signal a potential continuation of the upward trend.
đź’Ž Conversely, a breakdown below this strong support level would confirm a bearish trend, with the price likely to decline further.
đź’Ž However, if BEL fails to sustain its upward momentum, there's a likelihood of it retracing back to test the support area for another potential bounce.
đź’Ž The downside risk emerges if BEL breaks below the support level, leading to a retest of the demand area around $0.68. Reclaiming the price above this support would signal a potential continuation of the upward trend.
đź’Ž Conversely, a breakdown below this strong support level would confirm a bearish trend, with the price likely to decline further.
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Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.