$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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buy and trade here on $SPELL