$SPELL – BEARISH REJECTION AT RESISTANCE 📉
The magic may be fading for $SPELL as it faces a strong rejection at the 0.0004885 zone — a critical intraday resistance. After a promising rally, the price now shows signs of exhaustion, hinting at a short-term reversal.
Market Snapshot
Price: 0.0004836 USDT
Resistance: 0.0004885
Support: 0.0004759
Momentum: Weakening with lower highs and wick rejections
Short Setup
🔻 Entry: 0.0004837
🎯 Take-Profit: 0.0004759
⛔ Stop-Loss: 0.0004885
🕒 Timeframe: 15m (scalp-level trade)
If $SPELL closes below 0.0004830 with volume, sellers might take control in the short term. Watch for continuation below 0.0004800 to confirm the trend!