$SPELL
UNDER PRESSURE — BEARS CASTING A SPELL ON SUPPORTS? 🧙♂️📉
$SPELL/USDT is trading at 0.0004516 (-2.84%), dipping below key levels as selling pressure intensifies. The magical momentum is fading — can the bulls conjure a comeback, or is more downside brewing? 🔮⚠️
📊 Key Levels:
🔼 Resistance: 0.0004600 / 0.0004700 / 0.0004900
🔽 Support: 0.0004430 / 0.0004300 / 0.0004100
The price is currently hovering near local support at 0.0004432. A breakdown below this zone could trigger a sharper drop.
🚨 Trade Setup – SHORT Opportunity:
🔹 Entry: 0.0004510 – 0.0004530
🎯 Targets:
TP1: 0.0004430
TP2: 0.0004300
🛑 Stop Loss: 0.0004600
🧠 Risk Tip:
Keep risk per trade below 2%, and always use a stop loss. Avoid chasing losses — trade the plan, not emotions! 🎯🛡️