$SPELL /USDT is showing strong bullish momentum, currently trading at $0.0005688, up 4.96% in the last 24 hours, with a significant trading volume of 5.05 billion $SPELL , reflecting solid market interest. The price has tested a daily high of $0.0005700, indicating resistance, while the low sits at $0.0004934, marking a firm support zone. With steady upward movement and volume confirmation, traders can look for breakout opportunities above $0.0005700, targeting the next resistance at $0.0005739, while maintaining caution near support levels around $0.0005400–$0.0005230 for potential re-entry. Technical indicators like MACD and Bollinger Bands are suggesting a possible continuation of the uptrend, making this a thrilling setup for both intraday and swing traders aiming to ride the DeFi wave profitably.
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