$SPELL /USDT BEARISH SETUP ⚠️📉
SPELL is showing signs of weakness as it struggles to break above resistance zones, indicating a potential short opportunity.
🔹 Current Price: $0.0004822
🔹 24h Change: -0.35%
📊 KEY LEVELS:
🔻 Resistance:
• $0.0004877 — Major resistance from recent highs
• $0.0004880 — Intraday rejection point
🔻 Support:
• $0.0004715 — Key support tested multiple times
• $0.0004600 — Next significant support zone below
💥 TRADE SETUP – SHORT ENTRY 💣
🔸 Entry: $0.0004820 – $0.0004840
🔸 Target 1 (TP1): $0.0004715
🔸 Target 2 (TP2): $0.0004600
🔸 Stop Loss (SL): $0.0004885
📉 Price is trending lower with lower highs, and the resistance zone at $0.0004877 is acting strong. Unless broken, this favors bears.
🛡️ RISK MANAGEMENT:
Use 1-2% of your capital per trade. Stick to your SL and avoid overleveraging. Discipline is 🔑 in volatile micro-cap tokens.