$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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