BELUSDT(breakout)

Hello traders.
BEL broke the downtrend line(marked in black) with a sharp move and great volume and now after some drop it has reached to the multi support zone (the intersection of horizontal support(red) and broken downtrend line(black)).this support zone is strong and we can expect rejection from here.
in case of more drop the next level for rejection is the intersection of channel's lower band and blue support level
breakoutpriceactionpullbacksharpeSupport and ResistanceTrend AnalysisTrend Lines

Feragatname