🤖 AI Insight

SPELLUSDT is showing bearish sentiment on the weekly timeframe.

* **Long entry:** Wait for a break above resistance at 0.0020884, followed by confirmation.
* **Short entry:** Consider entering a short position on a bounce off the ema25 at 0.00067787, aiming for support at 0.00034.
* **Spot buy:** I would not recommend buying at the current price.
* **Considerations:** The decreasing volume is concerning, as it suggests waning buyer interest. Watch for any signs of bullish reversal patterns to confirm potential long entries.


Always remember: Technical analysis is not foolproof. Manage your risk and consider your own risk tolerance.