$SPELL/USDT
BEARS TAKING CONTROL, DOWNSIDE PRESSURE BUILDING šØ
$SPELL has faced a sharp rejection near resistance, indicating selling momentum is stepping in. Price action is now leaning toward a bearish continuation as sellers defend higher levels aggressively. If selling pressure sustains, further downside movement is expected.
š Trade Setup (Short Position):
Entry Zone: 0.0004920 ā 0.0004930
Target 1: 0.0004880
Target 2: 0.0004845
Stop Loss: 0.0004956
š Market Outlook:
Momentum is shifting in favor of bears as rejection at resistance shows weakness in buying power. A break below immediate support could accelerate the decline toward lower support levels. Stay alert for volatility.
#CryptoTrading #SPELLUSDT #BearishSetup #AltcoinAnalysis #BinanceTrading