$SPELL EXPERIENCING CONSOLIDATION – WATCHING FOR SUPPORT HOLD
#MarketPullback 🕉️ Buy and trade here 👇
TRADE SETUP
Direction: Buy on support #spot
Entry Zone: $0.0005000 – $0.0005190
Target 1: $0.0005400
Target 2: $0.0005650
Stop-loss: $0.0004840
$SPELL /USDT is trading at $0.0005190 (-1.27%), consolidating after retracing from the $0.0005263 high. The price is hovering just above the $0.0004882 support zone. Notably, 24h volume is strong at 1.81B SPELL (~$919K USDT), suggesting active interest despite the minor dip.
PRO TIP
If SPELL holds above the $0.0005000 mark with increasing volume, it may trigger a technical bounce. Best suited for range scalps or tight intraday plays within DeFi token rotations.
This is a high-risk bounce trade — ideal for scalping or quick gains. Not financial advice — always DYOR! ✅