🔮 $SPELL USDT – BULLISH REVERSAL EXPECTED AFTER STRONG SELL-OFF!

The market for $SPELLUSDT has shown a sharp sell-off recently but is now sitting near a key support zone around 0.0004528 - 0.0004540. Current price is 0.0004549, and a potential bullish reversal can be seen if buyers defend this zone strongly.

Key Levels:

Support: 0.0004528 – 0.0004540

Resistance: 0.0004690, 0.0004715

Current Price: 0.0004549

📈 Trade Setup (Long Entry):

Entry Zone: 0.0004530 – 0.0004550

Take Profit (TP): First TP at 0.0004690, Final TP at 0.0004715

Stop Loss (SL): 0.0004527

💡 Market Outlook:

After the descending channel breakdown, price is testing a major demand area. If it holds, a short-term relief rally towards 0.0004690+ is likely before any further continuation to the downside.

⚠️ Risk Management:

Trade with proper position sizing. Risk only 1-2% of your capital per trade to maintain discipline and protect account equity.

buy and trade here on $SPELL

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