đŽ $SPELL â BOUNCE OR BREAKDOWN? MAGIC AT SUPPORT ZONE! đŽ
$SPELL just revisited the 0.0005400 key support after a sharp rejection from the supply zone near 0.0005999. The price structure is showing a potential bullish reaction, but failure to hold here could trigger a drop to the next demand zone around 0.0005161. All eyes on this level â a true pivot!
đ Trade Setup (Short Bias):
⢠Entry: 0.0005400 â 0.0005432
⢠TP1: 0.0005300
⢠TP2: 0.0005200
⢠TP3: 0.0005161
⢠SL: 0.0005595
â ď¸ If bulls donât defend here, the spell might break. Look for momentum confirmation before jumping in!
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