$SPELL is trading at a price of 0.0005435 after easing from its recent pressures to 0.0005942.
The 30-minute chart shows a healthy correction towards support near 0.0005366, where buyers have started to show interest again.
After a strong upward movement, SPELL has corrected in an orderly manner without breaking the main support.
The current area is a strong demand zone, and a rebound from here could reignite the upward momentum towards previous peaks.
Entry Price: 0.0005400–0.0005480
Take Profit (TP):
1 : 0.0005680
2 : 0.0005820
3 : 0.0005980
Stop Loss (SL): 0.0005280
Trade from here$SPELL
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