$SPELL /USDT – Slipping Fast After Rejection at $0.0005614

SPELL is down -6.79%, trading at $0.0005450 after facing strong resistance near $0.0005614. The chart shows a clear shift to bearish structure with successive red candles and a fresh test near the 24H low of $0.0005388.

Short Trade Setup:

Entry Zone: $0.0005470 – $0.0005550

Final Target: $0.0005200

Stop Loss: $0.0005635

Sellers are dominating as each bounce fades quickly—bearish pressure remains intact.

Pro Tip: A break below $0.0005380 could invite panic selling—manage risk tightly.

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