$SPELL /USDT – Long Trade Entry Opportunity
$SPELL has broken above a multi-hour consolidation range with strong bullish momentum on the 15-minute chart. This breakout, accompanied by a significant volume spike, signals a potential continuation toward the next resistance level.
Entry: 0.0005957
Target 1: 0.0006190
Target 2: 0.0006480
Target 3: 0.0006698
Stop-Loss: 0.0005305
Risk Management:
Allocate only 3–5% of your capital. Shift stop-loss to entry once the first target is hit to lock in profits and protect against reversals.
Pro Tip:
Watch for a retest of the breakout zone (around 0.0005770) as a potential re-entry point if missed. Strengthening volume will be key to sustain momentum.