$SPELL

USDT SHORT TRADE SIGNAL ๐Ÿ”ด

Price has approached a strong resistance zone and is showing signs of rejection. The market appears overextended after a vertical rally, making this a prime level for a potential pullback. A rejection from this area could lead to a sharp drop towards the lower demand zone.

Trade Setup:

Entry Point: 0.0004586 - 0.0004674

Stop Loss: 0.0004674

Take Profit: 0.0004251

Margin: 2-3% of wallet

Leverage: 10x

Short Market Outlook:

Momentum is weakening near resistance, and price has printed several indecision candles. If no breakout follows, expect a correction to the previous consolidation zone near 0.0004250.

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