【$BEL Signal】Short squeeze rebound + 1H level momentum reversion

$BEL The 1H timeframe has experienced a massive rally and is currently consolidating strongly at high levels. The current price is 0.1147, with the 1H candlestick holding above the EMA20(0.1099), and the EMA20 has crossed above the EMA50 to form a golden cross, indicating a healthy short-term momentum structure. On the 4H level, a large bullish candle broke through the long-term downtrend, and now it is testing support. Open interest remains stable, with a high negative funding rate of -1.28%, indicating strong short squeeze expectations. Selling pressure is concentrated between 0.1150-0.1160; a breakout above this range could open up space.

🎯 Direction: Long (Long)

🎯 Entry/Order: Enter at current price between 0.1145-0.1150 ( Reason: 1H EMA20 dynamic support zone, concentrated buy orders on the order book )

🛑 Stop loss: 0.1115 ( Reason: Break below the previous low on the 1H timeframe and the start of the 4H bullish candle )

🚀 Target 1: 0.1200 ( Reason: Previous high resistance level and psychological whole number )

🚀 Target 2: 0.1250 ( Reason: 1.618 Fibonacci extension level, corresponding to the previous rebound high )

🛡️ Trading management:

- Position size recommendation: Light position ( Reason: Extremely high intraday volatility, control risk )

- Execution strategy: After the price reaches 0.1200, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.1145. If the price strongly breaks above 0.1200 and stabilizes, hold the remaining position towards 0.1250.

Deep logic: The funding rate depth is negative, but the price remains firm and open interest is stable. This is a typical short squeeze structure, with short covering acting as potential fuel. The 1H RSI(60.28) is in a healthy zone, leaving room for further upside. Market depth shows large buy orders accumulated between 0.1130-0.1140, forming a strong support. On the 4H level, buy volume dominates, indicating clear signs of main force defending the price.

View real-time market 👇 $BEL

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