$SPELL /USDT BEARISH MOMENTUM LIKELY TO CONTINUE ⚠️📉

📌 Current Price: $0.0005196

🛑 Resistance: $0.0005330 (24h High)

🛡️ Support: $0.0005181 (24h Low)

🔍 Analysis:

$SPELL struggles to break above resistance at $0.0005330 and faces strong support at $0.0005181. With a recent dip of -0.46% and downtrends over multiple timeframes, bears are in control for now.

⚔️ Trade Setup — SHORT ENTRY

Entry: $0.0005190 - $0.0005200 (near current price)

Take Profit Targets:

• TP1: $0.0005181 (support)

• TP2: $0.0005100 (next support level)

Stop Loss: $0.0005350 (above resistance)

🛡️ Risk Management:

Keep risk below 2% of trading capital per trade. Use stop loss to protect against sudden reversals.

🚨 Trade wisely and manage risk!

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