$SPELL ā Triangle Breakdown Confirmed! š»š
$SPELL has completed a textbook symmetrical triangle formation and broken down sharply from the apex, dropping -7.57% to $0.0005777. This move signals the start of a bearish wave as the price slices through key support, now testing the lower boundary of the structure.
Market Insight:
The strong volume behind the breakdown, along with the failure to hold above $0.0006056, reinforces the bearish outlook. If SPELL fails to bounce here, further downside into the $0.0005600 range is likely.
#SPELLUSDT #BearishBreakdown #ShortSetup #CryptoAlert #BinanceTrade