Beltone Holding (EGX: BTFH) — Technical Analysis | 1DBeltone HoldingEGX_DLY:BTFHIbrahimTarek5 📊 Technical Setup Beltone is currently approaching a key demand/buying zone at 3.15–3.11 EGP, which represents an important short-term support area. The setup remains bullish as long as price holds above 3.05 EGP, with the potential for a recovery toward the marked resistance levels. 🎯 Trade Plan Buy Zone: 3.15 – 3.11 EGP Stop Loss: 3.05 EGP Target 1: 3.57 EGP Target 2: 4.48 EGP 📈 Bullish Scenario A successful defense of 3.15–3.11 followed by a strong daily close above the nearby resistance would increase the probability of an upside move. 3.57 EGP is the first major resistance/target. A decisive breakout and daily close above 3.57 could open the way toward 4.48 EGP, which is the next major resistance target. ⚠️ Risk Management The 3.05 EGP level is critical. A daily close below this level would invalidate the current bullish setup and indicate that the expected upside scenario is losing momentum. The descending trendline shown on the chart should also be monitored closely; a breakout above it with strong volume would provide additional confirmation of bullish momentum. 🔑 Key Levels Support: 3.15 → 3.11 → 3.05 Resistance: 3.57 → 4.48 TradingView-Style Conclusion BTFH is approaching a critical accumulation zone at 3.15–3.11 EGP. The bullish setup remains valid above 3.05 EGP, with 3.57 EGP as the first upside target and 4.48 EGP as the extended target. A confirmed breakout above 3.57 EGP would significantly strengthen the bullish structure, while a daily close below 3.05 EGP would invalidate the setup. Bias: 🟢 Bullish above 3.05 EGP | Risk: 🔴 Below 3.05 EGP