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$BEL Signal】Short squeeze pullback, aiming for a second upward move
$BEL 1H timeframe has experienced a massive rally and is now consolidating strongly at high levels. A single day-volume bullish candle on the 4H chart has directly reversed the downtrend. The current price has pulled back to above the 1H EMA20 (0.1069), forming a strong support level. Negative funding rate (-0.5429%) combined with firm price action indicates a typical short squeeze structure, with clear main force support, waiting for a secondary breakout.
🎯 Direction: Long (Long)
🎯 Entry/Order: 0.1145 - 0.1155 ( Reason: 1