Watch for Potential Consolidation
BEL's price movement is hitting a key resistance at the upper Bollinger Band, indicating a temporary ceiling at around 0.7671. The MACD signals continued bullish sentiment, yet traders should be vigilant for any shifts in momentum, with the lower Bollinger Band at 0.7220 poised to offer support. The volume trend will be crucial to watch, as a decrease may precede a pullback, offering opportunities near the SMA at 0.7491.
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