$SPELL /USDT BEARISH SQUEEZE — SUPPORT LEVEL UNDER THREAT AS PRICE DROPS!
$SPELL has declined to $0.0006476, falling -2.37% and showing signs of weakness after rejection from the $0.000684 level. The chart now reflects lower highs and narrowing momentum — indicating a bearish squeeze may lead to further downside if $0.000640 fails to hold.
Trade Setup:
Short Entry: $0.000647 – $0.000660
Take Profit Targets: $0.000635 / $0.000620 / $0.000600
Stop Loss: $0.000685
Market Outlook:
Price action is tightening with no strong recovery from recent dips. A confirmed break below $0.000640 could trigger a drop toward $0.000600. Bulls need to reclaim $0.000680 fast or risk deeper pullbacks.
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This is your signal. Tap in before the next breakdown candle!
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