🔥 BEL/USDT Strong Daily Price Action: Channel Analysis

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BEL/USDT has been showing an increase in volume and volatility over the last couple of days. With yesterday's 30% candle, I think there is more room for short term gains for this pair.

I'd advise waiting until the price has corrected a bit. The $2 area seems like an excellent buying opportunity.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows and round numbers. Do your own due diligence.

Happy trading!