$SPELL /USDT – Bullish Momentum Building Above Key Support!
SPELL is showing signs of accumulation with a +3.92% gain to $0.0005568, supported by strong 24h volume at 16.59B SPELL ($9.17M USDT). Price is currently trading above the mid-range of its daily move between $0.0004934 and $0.0005942, signaling resilience. Key buy interest clusters around $0.0005327–$0.0005105, while sell pressure increases near $0.0005771–$0.0005993. A breakout above $0.0005942 could trigger upside toward $0.0006200, $0.0006580, and $0.0006850, while a stop-loss should be set below $0.0004883.
Momentum Analysis: Volume surge with narrowing range suggests breakout brewing.
Long Setup: Entry zone: $0.0005327–$0.0005568
Targets: T1: $0.0006200, T2: $0.0006580, T3: $0.0006850
Stop Loss: $0.0004883
Breakout Confirmation: Close above $0.0005942
Key Support: $0.0004934
Pro Tip: Watch volume on 15m chart near $0.0005771 to confirm breakout strength.