Hereโs the updated analysis for BEL/USDT (15m chart):
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๐ Current Price: 0.2134
๐ Change: +3.44%
๐ 24h High / Low: 0.2347 / 0.2005
๐ RSI(6): 63.8 โ showing near short-term overbought zone but not extreme yet.
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๐ Technical Overview (15m)
MA(7): 0.2113 โ Price is above short-term MA, indicating short-term bullish pressure.
MA(25): 0.2086
MA(99): 0.2096
โ The price holding above all three moving averages suggests short-term bullish momentum is intact.
Candle Structure: Recent candle shows a small recovery wick after a pullback from 0.2182 โ indicating buyers are still active near 0.2120 zone.
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โ ๏ธ Immediate Levels
Resistance: 0.2180 โ key intraday barrier (needs breakout for next leg up)
Support: 0.2100 โ short-term defense zone; losing it may trigger pullback to 0.2070
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๐ Sentiment
Order Book:
Longs: 48.46%
Shorts: 51.54%
โ Slightly bearish sentiment, suggesting possible volatility near resistance.
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๐ก Conclusion
BEL/USDT is showing a minor bullish trend on the 15m chart but facing short-term resistance around 0.2180.
If candles close above 0.218, expect momentum toward 0.223โ0.225 range.
However, if it drops below 0.210, correction toward 0.206โ0.204 is likely.
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Would you like me to give the next 1-hour timeframe update too (for confirmation of short-term direction)?
#FOMCMeeting #MarketPullback $BEL
