$SPELL /USDT – Sideways With Weak Momentum
$SPELL is trading at $0.0004930 (-0.28%), moving in a tight range after rejecting from $0.0005400 resistance and hovering just above short-term support near $0.0004900. Market activity is muted, showing indecision between buyers and sellers.
Bearish Trade Setup (Short Idea):
Entry Zone: 0.0004920 – 0.0005000
Target 1 (TP1): 0.0004830
Target 2 (TP2): 0.0004700
Target 3 (TP3): 0.0004550
Stop Loss (SL): 0.0005100
If $0.0004900 support fails, SPELL could extend losses toward the $0.000455–0.000470 range. Bulls would need a breakout above $0.0005300 to shift momentum back upward.
