$SPELL
USDT BULLISH BREAKOUT SETUP ā READY FOR A STRONG UPSIDE PUSH š
$SPELLUSDT is showing a clean bullish continuation pattern after its breakout from the ascending channel. Currently trading at 0.0004630, it has formed a tight consolidation, indicating a potential next upward leg.
š Key Levels:
Support: 0.0004609 (recent consolidation low)
Resistance: 0.0004730 (target zone from breakout projection)
Current Price: 0.0004630
š Trade Setup:
Long Entry: 0.0004620 ā 0.0004640
Take Profit: 0.0004730
Stop Loss: 0.0004581
š” Market Outlook: Momentum remains bullish as price holds above the breakout level and the ascending structure confirms underlying strength. A decisive move above 0.0004640 will further fuel bullish momentum towards the target zone.
ā ļø Risk Management: Use proper position sizing with a clear stop loss below 0.0004581 to manage risk. Never risk more than 1-2% of your trading capital on a single trade.
buy and trade here on $SPELL
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