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$BEL Signal】Short squeeze continues, 1H pullback confirmation followed by breakout attempt
$BEL The 1H timeframe has entered a high-level consolidation after a massive rally, with the price staying close above the EMA20(1H), indicating strong consolidation. A single towering candle on the 4H chart has directly reversed the downward trend, and the current price has broken above the nearly one-month trading range upper boundary, turning the trend bullish. The negative funding rate is as high as -0.3568%, but open interest remains stable and prices are firm, typical of a short squeeze structure,