🟥 $SPELL

USDT BEARISH REVERSAL – READY FOR A SHARP DIVE

$SPELLUSDT has formed a clear bearish M-pattern, indicating potential further downside. Price is currently trading at 0.0004621, showing rejection from resistance and aligning with the bearish continuation setup.

📊 Key Levels:

Resistance: 0.0004637

Support: 0.0004547

Current Price: 0.0004621

💥 Trade Setup (Short):

Entry: 0.0004620 – 0.0004637 (optimal sell zone)

Take Profit: 0.0004547

Stop Loss: 0.0004637

📉 Market Outlook: Momentum is weakening as the price fails to reclaim upper resistance, suggesting that sellers are stepping in strongly. Bearish structure remains intact unless price breaks above 0.0004637 decisively.

⚠️ Risk Management: Always use strict stop loss to limit exposure. Risk only 1-2% of your capital per trade to maintain long-term sustainability.

buy and trade here on $SPELL

#CryptoTrading #SPELLUSDT #BearishSetup #MarketAnalysis #Binance

buy and trade here on $SPELL