SPELL 代币坦克处于双顶形态，技术面暗示进一步下跌

SPELL 代币表现出看跌信号，表明可能下跌至 0.001000 美元的支撑区域。技术指标，包括双顶形成、RSI 和 MACD 的看跌交叉，表明抛售压力和后续交易日的负面前景。

SPELL Token Exhibits Bearish Sentiment Amidst Double Top Formation

SPELL 代币在双顶形成中表现出看跌情绪

Technical Indicators Point to Further Decline

技术指标显示进一步下跌

The SPELL token's price action has formed a double top pattern, indicating a potential reversal of its recent uptrend. The token is currently hovering near its 50-day exponential moving average (EMA), which has acted as a support level in the past. However, technical indicators suggest a bearish outlook for the upcoming trading sessions.

SPELL 代币的价格走势已形成双顶模式，表明其近期上涨趋势可能出现逆转。该代币目前徘徊在 50 天指数移动平均线 (EMA) 附近，该平均线过去一直是支撑位。然而，技术指标显示未来交易日的前景看跌。

The Relative Strength Index (RSI) is trading below the midline and has recently experienced a negative crossover, signaling a shift in momentum to the downside. Additionally, the Moving Average Convergence Divergence (MACD) indicator has formed a bearish crossover and is displaying red bars on its histogram, further reinforcing the bearish sentiment.

相对强弱指数（RSI）交易于中线下方，最近经历了负交叉，表明动能转向下行。此外，移动平均收敛分歧（MACD）指标已形成看跌交叉，并在其柱状图上显示红色条，进一步强化了看跌情绪。

Price Volume Profile Indicates Weakness

价量概况表明疲软

The SPELL price volume profile shows that the token is currently trading in a range, with $0.001100 serving as a key support level. If this level breaks, the token is likely to continue its downward trajectory and retest the support zone of $0.001000 in the near future. Trading volume has remained below average, suggesting that selling pressure is dominating the market.

SPELL 价格成交量概况显示，该代币目前在一定范围内交易，其中 0.001100 美元作为关键支撑位。如果突破该水平，该代币可能会继续其下行轨迹，并在不久的将来重新测试 0.001000 美元的支撑区域。交易量仍低于平均水平，表明抛售压力主导着市场。

Development Activity Spikes, but Sentiment Remains Negative

开发活动激增，但情绪仍然消极

Despite the bearish price action, SPELL's development activity has experienced a significant spike, with a 500% increase this month. This indicates that the project's team is actively working on its development. However, the total weighted sentiment for SPELL remains in negative territory, reflecting low investor interest.

尽管价格走势看跌，SPELL 的开发活动却出现了大幅增长，本月增长了 500%。这表明该项目的团队正在积极致力于其开发。然而，SPELL 的总体加权情绪仍处于负面区域，反映出投资者兴趣较低。

Social Dominance and Active Social Users Decline

社交主导地位和活跃社交用户下降

Santiment data reveals that SPELL's social dominance has seen minimal movement, hovering around 0.131%. However, active social users have experienced a significant drop on both Telegram and Twitter platforms, suggesting that investors' interest has waned.

Santiment 数据显示，SPELL 的社会主导地位变化很小，徘徊在 0.131% 左右。然而，Telegram 和 Twitter 平台上的活跃社交用户均大幅下降，表明投资者的兴趣已经减弱。

Open Interest Declines, Holders Increase

未平仓合约减少，持有者增加

The total open interest for SPELL has declined significantly, indicating that long positions are being unwound. However, the number of holders continues to increase, suggesting that some investors are accumulating the token despite its current weakness.

SPELL 的未平仓合约总额大幅下降，表明多头头寸正在平仓。然而，持有者数量持续增加，表明尽管该代币目前疲软，但一些投资者仍在积累该代币。

Technical Levels

技术水平

• Support Levels: $0.001000, $0.0009700
• Resistance Levels: $0.001280, $0.001400

Disclaimer

支撑位：$0.001000、$0.0009700阻力位：$0.001280、$0.001400免责声明

The views and opinions expressed in this article are solely those of the author and do not constitute financial advice. Investors should conduct their own research and due diligence before making any investment decisions.

本文表达的观点和意见仅代表作者个人观点，不构成财务建议。投资者在做出任何投资决定之前应进行自己的研究和尽职调查。