🔻 $SPELL / USDT – FAKEOUT OR FUEL FOR FALL? ⚠️🐻
😵💫 BULL TRAP ZONE DETECTED!
After a sharp wick to 🔼 0.0006114, $SPELL got slammed back down — a textbook fake breakout! Price now flirts with danger near 0.0005354, showing weakness beneath resistance. Momentum favors the bears unless buyers step in fast. 🚨
📉 Trade Setup (Short Bias):
🔻 Entry Zone: 0.0005360 – 0.0005380
🎯 TP1: 0.0005200
🎯 TP2: 0.0005050
🎯 TP3: 0.0004968
🛑 Stop-Loss: 0.0005543 (above rejection wick)
🧠 Market Insight:
⚡ Rejection wick = trapped bulls
📉 Fragile structure below 0.0005320
🔥 If that level breaks — next drop could come fast
👀 Pro Tip:
Wait for a weak bounce into entry zone & confirm rejection — don’t rush!
This is a fade-the-fakeout play… not a dip buy. 💀
#SPELL #CryptoShort #BearishSetup