🚀 $SPELL /USDT Technical Analysis & Trade Strategy 💰
Current Price: $0.0009543 (+4.95%)
24H High: $0.0009550 | 24H Low: $0.0008707
Volume (SPELL): 7.21B | Volume (USDT): 6.52M
🔹 Support Level: $0.0009200
🔹 Resistance Level: $0.0009600
SPELL/USDT has been in a strong uptrend, breaking key resistance levels with increasing momentum. The bullish pressure suggests a continuation towards $0.0009800 if the resistance at $0.0009600 is breached.
🎯 Entry Strategy:
✅ Long Entry: Above $0.0009550 (confirmation of breakout)
✅ Take Profit: $0.0009800 - $0.0010000
✅ Stop Loss: $0.0009200 (below key support)
📈 Market Sentiment:
Strong buy signals with increasing volume indicate that bulls are in control. If volume sustains, a push towards the psychological level of $0.0010000 is highly possible.
🚨 Risk Management:
Ensure proper stop loss placement to minimize downside risk. Watch for a retest of support before confirming entry.
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