$SPELL /USDT SHORT TRADE SIGNAL: BEARS TAKING CONTROL NEAR RESISTANCE ZONE!
Price faced strong rejection from the resistance area around 0.00006300 - 0.00006350, confirming bearish pressure. Immediate rejection candles suggest sellers are stepping in aggressively.
Trade Setup:
Short Entry: 0.0006250 - 0.0006260
Take Profit (TP): 0.0006070
Stop Loss (SL): 0.0006359
Market Outlook:
The market structure shows repeated failures to break above resistance, indicating a potential downward move toward support levels around 0.0006070. Caution advised as volatility may increase.#AITokensBounce #BTCRebound #AbuDhabiStablecoin #ArizonaBTCReserve #XRPETFs $SPELL