$SPELL /USDT Short Trade Setup 🔥💯
Current Price: $0.0010025
Entry Zone: $0.0010000–$0.0010200
Targets:
TP1: $0.0009500
TP2: $0.0009000
TP3: $0.0008500
Stop Loss: $0.0010500
Risk-Reward Ratio: ~1:3
Analysis:
$SPELL is facing resistance around $0.0010200, forming lower highs, signaling potential weakness.
RSI is near overbought levels, while MACD shows a loss of bullish momentum, increasing the likelihood of a pullback.
A confirmed breakdown below $0.0010000 will open shorting opportunities toward lower support zones.
Pro Tip: Watch for volume spikes during the breakdown to confirm momentum. Manage risk carefully, and don’t chase the trade if the stop loss level ($0.0010500) is hit.
Let me know if you'd like more trade insights or adjustments!
$SPELL
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