Spell Token (SPELL) Market Analysis – Macro Update
Spell Token remains in a macro bearish structure, but a breakout could open the doors to massive upside potential.
Bearish Below: 0.000095 (3 zeros 95)
Macro Bullish Breakout Level: 0.0018 (2 zeros 18)
Major Resistance Levels: 0.000095 (382 Fib), 0.0018 (618 Fib)
Upside Potential:
To 618 level: ~700%
To All-Time High: ~4000% (40x)
Current Status:
Spell is lagging behind other altcoins in terms of macro recovery. It's still below key resistance and needs a confirmed break above 0.0018 to flip macro bullish.
Trade Setup (Long-Term Outlook):
Entry (Conservative): After breakout above 0.0018 with confirmation
Entry (Aggressive): 0.000095 (early positioning, higher risk)
Target: 0.0018 and beyond (watch volume)
Stop-Loss: Below 0.000085 or recent local low
Note: Until a breakout above 0.0018, Spell may continue to range or even revisit lower levels.
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