0.18 resistance hasn't been broken for an hour. Those who chased longs last night are now all holding bags, and shorts are starting to fill the gap.



Trade according to the rules: if you already have a position, reduce by half near 0.175, and re-enter at 0.162-0.165. If you're empty, only open a small position for a oversold bounce. Entry range 0.17-0.172, stop loss at 0.161 (one tick below the previous low), first target 0.185, second target 0.198. Max single loss for contracts should be controlled at 2%, don't hold positions against the trend.

From 0.13 to 0.18 in 24h, a 35% gain. Now it's pulled back to 0.1735, still up 17%, momentum is clearly exhausted. Opening long with 16x leverage or more now is like catching a falling knife. A 20M trading volume is high for this small cap, but high volume with price stagnating is a distribution signal. My discipline for BEL was: don't consider adding positions if the daily close can't hold above 0.176. If it's still hovering around 0.17 before the close, wait until tomorrow.

It's Friday, liquidity will be worse over the weekend. The market maker's pump-and-dump tactic is very cliche. If you want to build a long-term position, wait for it to drop back to the 0.148-0.155 range and accumulate slowly in batches, don't go all-in at once. If you dare to place a bot order at 0.162, it means you understand the rhythm of this coin's manipulation. Those rushing in now hoping for another big green candle should check whether the 0.1338 wick was your account balance or the market maker's bait.

Vote – Do you think this BEL pump is the bottom or a bull trap? A. Bottom confirmed B. Trap for retail C. Sideways before choosing direction. I choose B, no explanation.

No trades outside the plan.
BEL9.06%
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