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BLTE forms Bearish Engulfing on September 15

Belite Bio, Inc. (BLTE) — Daily Technical Analysis & Swing Trading Signals · Sep 15, 2025, 17:34 ET
On Monday, September 15th, BLTE moved down 3.86% while volume was to 3.6× the usual levels. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 63.87, 60.93 & 55.97, with resistance at 71.77, 76.73 & 79.67.

Current SwingTradeBot Technical Rating of BLTE: C

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