That sharp spike wasn’t strength… it was a blow-off move before rejection
Price pushed aggressively into resistance and got sold off hard
Wicks on top show strong seller presence and exhaustion
Momentum is fading after the pump, not sustaining higher levels
Trade Plan
Entry $0.0001800 – $0.0001860
Stop Loss $0.0001950
Take Profit
TP1 $0.0001700
TP2 $0.0001600
TP3 $0.0001500
SPELL
0.0001787
+6.17%