โ ๏ธ OKAY, THIS ONE IS LOOKING WEAK! โ ๏ธ
$SPELL is up 12% but honestly I'm not convinced. Volume is dropping and I think there could be more downside.
Here's what I'm seeing:
โ MA5 is below MA10 โ bearish signal
โ Volume is fading โ not seeing real buying pressure
โ Price is struggling to hold support levels
Here's what I'm thinking:
๐ Entry: 0.0000997 (SHORT)
๐ฏ TP1: 0.0000930 (-6.7%)
๐ฏ TP2: 0.0000873 (-12.4%)
๐ฏ TP3: 0.0000800 (-19.7%)
๐ SL: 0.0001050 (+5.3%)
Not financial advice just sharing what I see.
What do you think? Am I wrong? ๐
#SPELL #BinanceFutures #Write2Earn