$BEL Signal】Short squeeze pullback, long positions laid in advance


$BEL 1After a massive surge at the 1H level and then a pullback, the buy-side depth is imbalanced, and there is an extremely thick order wall for bids placed below at 0.1200-0.1210. At the 4H level, the price has already pushed out of the Bollinger upper band, and the RSI has spiked to 81.5, indicating short-term overheating. However, the funding rate is -0.28%, short positions’ holding costs are high, and there is a basis for a short squeeze. The 1H MACD histogram bars are contracting; the price is pulling back toward the EMA20 around 0.1058, which is the first time the bulls are testing this defense line.

🎯Direction: Go long

⚡Entry/Orders: Accumulate in batches within the 0.1026 - 0.1053 range

🛑Stop loss: 0.1008

🚀Target 1: 0.1232

🚀Target 2: 0.1321

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce positions by 50%, and move the stop loss up to the break-even level. If the price falls back into the entry zone, exit automatically to protect principal.

Order book data shows that buy depth is more than 21 times the sell depth, and nearly 100,000 buy orders are stacked at the 0.1200 round-number level—revealing their intent to provide capital support beyond doubt. Position volume remains stable, but the negative funding continues. Under this kind of structure, as long as the price does not effectively fall below the 4H launch level of 0.1008, every pullback is an opportunity for the longs to add exposure. The risk-reward ratio is close to 4:1, making it worth using a smaller position size to bet on the continuation of the short-squeeze trend.

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