$SPELL LUSDT – BULLISH SURGE AFTER BREAKOUT, BUT MINOR COOL-OFF IN PLAY!
$SPELL just delivered a massive breakout rally with +25% gains, peaking at 0.0006258 before a slight retracement. Now holding firm above the 7MA (0.0005823), the pair is showing signs of short-term bullish continuation after a healthy cool-off. As long as price stays above 0.0005700, another bullish leg is on the table.
🔹 Trade Setup: Long Position
• Entry Zone: 0.0005700 – 0.0005850
• Take Profit:
‣ TP1: 0.0006150
‣ TP2: 0.0006400
• Stop Loss: 0.0005520
📈 Market Outlook:
Momentum remains bullish with increasing volume and support from short-term MAs. A strong bounce from the current zone can reignite the uptrend — keep eyes on 0.0006250 resistance for potential breakout extension.
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