$SPELL
USDT BEARISH REVERSAL – SHORT SETUP TO CATCH THE DUMP
$SPELLUSDT is showing weakness after retesting the minor resistance zone. A bearish move is expected as price fails to break above and shows rejection.
🔑 Key Levels:
Resistance: 0.0004527
Support: 0.0004003
Current Price: 0.0004450
💼 Trade Setup (Short):
Entry Zone: 0.0004450 – 0.0004520
Take Profit (TP): 0.0004003
Stop Loss (SL): 0.0004527
📉 Market Outlook: The trend is bearish below 0.0004527 resistance. Momentum indicates sellers are in control, targeting the lower support zone near 0.0004003 for the next leg down.
⚠️ Risk Management: Always use proper position sizing with a defined SL to protect capital in case the setup invalidates.
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