BullishBanter
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$SPELL SHORT TRADE SIGNAL – BEARISH PRESSURE BUILDING
Entry Price: $0.0007786
📉 Short Target 1: $0.0007500
📉 Short Target 2: $0.0007300
📉 Short Target 3: $0.0007100
🛑 Stop Loss: $0.0008000
Why Short?
SPELL is facing strong rejection after hitting $0.0008611, now showing clear bearish momentum. The price has started pulling back, and a breakdown below $0.0007700 could accelerate further downside.
Traders should watch for a rejection at $0.0007800, which may confirm the short setup. A break below $0.0007500 could lead to deeper declines.
Risk Management Tip: Keep stop loss tight at $0.0008000 to avoid unexpected reversals. Secure profits along the way as SPELL moves lower.
Trade here on $SPELL
Entry Price: $0.0007786
📉 Short Target 1: $0.0007500
📉 Short Target 2: $0.0007300
📉 Short Target 3: $0.0007100
🛑 Stop Loss: $0.0008000
Why Short?
SPELL is facing strong rejection after hitting $0.0008611, now showing clear bearish momentum. The price has started pulling back, and a breakdown below $0.0007700 could accelerate further downside.
Traders should watch for a rejection at $0.0007800, which may confirm the short setup. A break below $0.0007500 could lead to deeper declines.
Risk Management Tip: Keep stop loss tight at $0.0008000 to avoid unexpected reversals. Secure profits along the way as SPELL moves lower.
Trade here on $SPELL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.