【$BEL Signal】Pullback to Long + 1H Strong Consolidation, Main Force Clearly Protecting the Market Under Negative Funding Rate

$BEL The 1H timeframe experienced a massive rally yesterday and is currently in a strong consolidation phase at high levels. The price fluctuates within the 0.1100-0.1170 range, with the 1H EMA20 (0.1105) serving as dynamic support. The 4H timeframe broke through the previous consolidation platform with increased volume, indicating a trend reversal to bullish. The current pullback presents an excellent second entry opportunity. Key points: after the massive increase, open interest (OI) remains stable, and the funding rate is as high as -1.1%, indicating a strong short squeeze expectation. Selling pressure is concentrated around 0.1130-0.1140; once broken, the price will accelerate upward.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.1115 - 0.1125 ( Reason: Pullback to 1H EMA20 support zone and the first consolidation platform after yesterday’s breakout )

🛑 Stop Loss: 0.1095 ( Reason: Break below the start of the 4H large bullish candle and the key psychological level 0.1100 )

🚀 Target 1: 0.1180 ( Reason: Resistance near yesterday’s high, also the previous high on the 1H timeframe )

🚀 Target 2: 0.1250 ( Reason: Previous high resistance on the 4H timeframe and the 1.272 Fibonacci extension level )

🛡 Trading Management:

- Position Size Suggestion: Standard Position ( Reason: 4H trend established, 1H structure clear, favorable risk-reward ratio )

- Execution Strategy: After reaching 0.1180 (Target 1), reduce position by 50%, and move the remaining position’s stop loss to the entry price of 0.1120 (break-even). If the price strongly breaks through 0.1180 and stabilizes, hold the remaining position to target 2.

Deep Logic: This is a typical “healthy pullback after a rally” pattern. A massive bullish candle on the 4H chart (volume 164M) directly reversed the downtrend, signaling clear entry by the main force. Subsequently, the price consolidates at high levels with stable OI, indicating that bullish positions have not exited en masse. The extremely high negative funding rate (-1.1044%) suggests a large number of short positions, which will serve as fuel for future upward movement. The 1H RSI has retreated from overbought to 56, leaving room for further gains. Market depth shows dense buy orders in the 0.1110-0.1120 zone, providing strong support. Overall, the main force is utilizing the negative funding environment to accumulate positions and protect the market, waiting for the next rally to squeeze out shorts.

Check real-time market 👇 $BEL

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