$SPELL : Big Move Coming Soon! 🚀📉"
A significant increase in volatility is predicted for $SPELL . According to chart analysis, strong price movement is expected in the upcoming days.
🔹 Resistance Zone: $0.0008175 (Watch this level closely; a breakout here could trigger a sharp rise)
🔹 Support Zone: $0.000 6366(Strong buying potential near this level)
🔹 Key Levels to Watch:
Breakout Potential: If SLF breaks above $0.0008190, we could see a surge towards $0.0008150
Bearish Trend: A fall below $0.0007310would signal a possible downtrend.
🔹 Trade Strategy:
Bullish: Wait for a solid breakout above $0.0008190Set your stop-loss at $0.0007560 and take profit near $0.0009560 for a risk/reward ratio of 1:2
Bearish: If the price fails to break resistance and falls below $0.0008050 consider taking a short position.
📊 Remember, stop loss is your best friend! Stay safe and manage your risk effectively.
💡 Risk Management: Ensure you're not over-leveraging. Keep a small position size, and stay cautious in this volatile market.
