$SPELL /USDT | Bullish Bounce from Support
Price: $0.0005987 (-4.53%)
Category: DeFi | Accumulation Zone
✨📊🚀
Market Overview:
• 24h Range: $0.0005921 – $0.0006304
• MA Confluence:
- MA(7): 0.0006112
- MA(25): 0.0006432
- MA(99): 0.0006082
• Current Price Below All MAs — Potential Reversal Setup
Analysis:
SPELL is trading near the bottom of its recent range and showing signs of accumulation. The large volume base (189M) and proximity to previous support levels suggest a bounce could follow.
Trade Setup:
Entry Zone: $0.0005950 – $0.0006020
TP1: $0.0006210
TP2: $0.0006480
SL: $0.0005850
Pro Tip:
Watch for a 15m or 1h candle close above MA(7). That confirmation could fuel a short-term rally back toward MA(25).
—
Crypto Master
