BELTON: Bears Remain Firmly in Control Beltone HoldingEGX_DLY:BTFHmnmabroukw36ix📊 BELTON: Bears Remain Firmly in Control ⚠️ 🔍 The Pulse: BELTON continues to trade in a well established downtrend that has lasted for nearly a year. 📉 There are still no meaningful signs of a bullish reversal. ⚠️ Three triangle patterns define the short, medium, and long term structure of the stock. 📐 The smallest triangle has already broken to the downside, confirming continued selling pressure. 🔻 The next key support sits at 2.91 EGP, where the medium and long term triangle support lines converge. 🎯 Below that, the 2.83 EGP order block is the final major support before the downtrend could accelerate into a parabolic decline. 🚨 🧱 The Key Structural Boundaries 🛡️ First Support, 2.91 EGP. The convergence of the medium and long term triangle support lines. 🛡️ Major Support, 2.83 EGP. The order block that triggered the previous rebound. 🚀 Bullish Confirmation, 3.08 EGP. A close above the main support and the 200 day moving average is the first positive signal. 🔴 Stop Loss, 2.83 EGP. A break below the order block invalidates the setup and signals a much stronger bearish trend. 🎯 The Verdict The technical outlook remains decisively bearish. Avoid new positions until price reclaims 3.08 EGP. If you already hold the stock, use a break below 2.83 EGP as your stop loss. Patience remains the highest probability strategy. --- If you like my insights, follow and boost! 🙌💙🚀 🎁 $15 TradingView Discount: 🔗 https://www.tradingview.com/pricing/?share_your_love=mnmabroukw36ix ✨💸🤑