In a surprising move that caught the attention of DeFi traders, Spell Coin (SPELL) has shown bullish momentum as major LA-based finance holders increased their positions this week. As decentralized finance regains its heat post recent dips, SPELL seems to be gearing up for a breakout. Analysts suggest that if SPELL maintains above its key resistance zone near $0.00067, the coin could head towards $0.00078 in the coming days. On-chain data reveals a growing interest from whales and long-term holders, indicating trust in the protocol’s future. With market sentiment turning positive and the crypto community eyeing mid-cap altcoins, SPELL might just cast its spell again on the market.$ETH

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