$SPELL /USDT POTENTIAL BULLISH REVERSAL — BASE FORMING AFTER STRONG DOWNTREND! 🌀

$SPELL/USDT has been in a sustained downtrend but is now showing signs of stabilization around the 0.0005292 level. Buyers are beginning to step in, creating a narrow range of consolidation — often the precursor to a bounce if resistance is tested and broken.

🔹Trade Setup:

Type: Long Position (Speculative Reversal)

Entry Zone: 0.0005330 – 0.0005370

Targets:

• TP1: 0.0005540

• TP2: 0.0005720

• TP3: 0.0005950

Stop Loss: 0.0005240

🔸Market Outlook:

Market sentiment is attempting to shift after a heavy decline. If SPELL holds above 0.0005290, we could see a relief rally. Breakout above 0.0005455 would confirm bullish momentum return in the short term.

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